Religious investors ask health/hygiene products giant to 'kleen' out of the tobacco business

Article Abstract:

Religious investors are sponsoring a shareholders resolution that would require the Kimberly-Clarke Corp. to discontinue manufacturing tobacco products. Kimberly-Clarke is recognized for its health, hospital, and hygiene products. The company also manufactures reconstituted cigarette and cigar tobacco, cigarette papers and filter material, and cigar wrappers and binders. In 1994, the company's net sales reached $7.4 billion, an estimated 2% of which was derived from tobacco-related products. The sponsors of the shareholders resolution are members of the Interfaith Center on Corporate Responsibility (ICCR), a coalition of 275 institutional investors with $45 billion in assets. The resolution is based on moral principles and may save the company from potential legal liability for the health care costs of smoking. The company's board of directors advises shareholders to oppose the resolution.

Social policy, Kimberly-Clark Corp., KMB, Product discontinuation, Interfaith Center on Corporate Responsibility, Smoking paraphernalia

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China is eager to export its traditional medicine, but some Chinese scientists urge more skepticism

Article Abstract:

Many Chinese scientists are enlisting their American counterparts to test the effectiveness of traditional Chinese medicines. This comes at a time when the Chinese want to increase the exportation of Chinese remedies. In 1995, the American Committee for the Scientific Investigation of Claims of the Paranormal (CSICOP) toured many traditional Chinese medical centers in Beijing and Shanghai. Traditional Chinese remedies allegedly restore Qi, which is the energy that many Eastern philosophers believe pervades the body as well as the universe. Chinese medicine was emphasized by the Communist Party throughout the reign of Mao Zedong.

Evaluation, International trade, Medicine, Herbal, Medicine, Chinese, Herbal medicine, Traditional Chinese medicine

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