Oireachtas Joint and Select Committees

Thursday, 12 July 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017

9:00 am

Mr. Conor O'Kelly:

We have specifically excluded all tobacco stocks and adopted a policy which excludes the dirtier fossil fuel stocks. We have looked to best practice in the global investment management business for guidance on how to categorise those fossil fuel stocks. There are currently 16 stocks on our excluded list.