State Investments

Dáil Éireann Debate, Wednesday - 7 December 2016

Wednesday, 7 December 2016

Questions (253)

Jack Chambers

Question:

253. Deputy Jack Chambers asked the Minister for Communications, Climate Action and Environment if investments, either directly or indirectly through pension or other investment funds, are held in tobacco companies by his Department, any agency within the remit of his Department, or any agency or entity in receipt of departmental funding; if his Department has any guideline relating to such investment; if his Department intends to introduce any policies or guidelines; and if he will make a statement on the matter. [39027/16]

Written answers

Minister for Communications, Climate Action and Environment

My Department does not invest in company stocks or shares either directly or indirectly through pension or other investment funds. Civil Service pensions are funded directly from the Superannuation and Retired Allowances Vote (Vote 12) of the Department of Public Expenditure and Reform as part of current expenditure, voted in the annual estimates.  

The information requested in relation to the agencies under the aegis of my Department is an operational matter for each Agency. I will request the relevant bodies to reply directly to the Deputy with the information requested in respect of their organisation.