Sacramento's Money Goes Up in Smoke

This is a real shocker and concern - the Sacramento News and Review recently reported that in May the City of Sacramento bought 10,000 shares of Altria, the company formally known as Phillip Morris. Altria ranks near the bottom of 541 companies rated by Covalence for their ethical behavior. Covalence ranks each company through "a reputation index based on quantifying qualitative data, which is classified according to 45 criteria such as Labour standards, Waste management, Product social utility or Human rights policy. It is a barometer of how multinationals are perceived in the ethical field".