UNM invests in major tobacco companies
Lily Alexander and Nate Bernard | September 16The University of New Mexico has investments in two major tobacco companies, according to statements obtained by the Daily Lobo via public records requests. The companies are Philip Morris International and British American Tobacco, according to UNM Asset Summary Statements from May-July. In 2023, PMI and BAT had the first and second-highest net sales out of all tobacco companies worldwide, according to Statista. They both manufacture, market and sell cigarettes and other tobacco products. Products that contain tobacco are addictive and deadly. Tobacco kills longtime users and is a leading cause of death, illness and impoverishment, according to the World Health Organization.

















