Blastin’ E[sg]-Cigs and the EPA
Sustainability Now
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The Social Risks of Alternative Tobacco Products
Tobacco industry is building up its exposure to risks presented by the social pillar in ESG. The EU plans to impose a vaping tax which would increase the price of disposable vapes and in turn it may decrease consumption. poor labor standards and working conditions in the manufacturing of electronic devices particularly in emerging markets. sourcing critical minerals such as cobalt for lithium-ion batteries can have a social risk because it may finance and exacerbate conflict in natural resource rich countries like Congo.
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