Page 2568 - Week 06 - Thursday, 23 June 2011

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equipment designed by an artist. Individual agencies purchase works of art that may not be considered public art however may be purchased for the specific needs of that agency such as children’s play equipment.

(A copy of the attachment is available at the Chamber Support Office).

Finance—ethical investment
(Question No 1589)

Ms Hunter asked the Treasurer, upon notice, on 10 March 2011:

(1) Does the ACT Government invest in any way in Exxon Mobil; if so, how did or will the Territory vote, or instruct our representative to vote, on the resolution to the last Annual General Meeting (AGM) (a) regarding the adoption of quantitative goals for the reduction in greenhouse gas emissions from the company’s products and operations and (b) to create a comprehensive policy articulating the company’s respect for and commitment to the human right to water.

(2) How does the Territory intend to vote at this year’s AGM on the disclosure of known and potential environmental impacts of Exxon Mobil’s fracturing operations.

(3) Does the ACT Government invest in any way in Carnival Corporation Inc or Delta Air Lines Inc; if so, how does the Territory intend to vote, or instruct our representative to vote, on the respective resolutions to be put to this years AGMs regarding adopting a human rights policy that includes prohibiting the sexual exploitation of minors.

(4) Does the ACT Government invest in any way in (a) Chevron Corp and (b) ConocoPhillips; if so, how did the Territory vote, or instruct our representative to vote, on the resolution regarding the financial risks resulting from climate change and its impacts on shareowner value over time.

(5) Does the ACT Government invest in any way in Royal Dutch Shell; if so, how did the Territory vote, or instruct our representative to vote, on the resolution to the last AGM regarding the provision of a report setting out the assumptions made by the company in deciding to proceed with oil sands projects regarding future carbon prices, oil price volatility, demand for oil, anticipated regulation of greenhouse gas emissions and legal and reputational risks arising from local environmental damage and impairment of traditional livelihoods.

(6) Does the ACT Government invest in any way in McDonald’s Corp; if so, how did the Territory vote, or instruct our representative to vote, on the resolution to the last AGM regarding a response from the company to public concerns regarding linkages of fast food to childhood obesity, diet related diseases and other impacts on children’s health and an assessment of the potential impacts of public concerns and evolving public policy on the company’s finances and operations.

(7) Does the ACT Government invest in any way in Philip Morris International; if so, how did the Territory vote, or instruct our representative to vote, on the resolution to the last AGM regarding an independent study on the affect of the company’s marketing on the purchasing practices of poor people and what might be done to mitigate the harm to innocent children, such as food insecurity, of such poor people who smoke, including reducing the nicotine in cigarettes to non addictive levels.


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