Erste Asset Management Investment Blog
Alcohol
Alcohol

Alcohol

ERSTE RESPONSIBLE RETURN - The ESG Letter on Environmental, Social and Governance issues

BEITRÄGE ZU DIESEM DOSSIER

“Alcohol addiction is a chronic illness”
“Alcohol addiction is a chronic illness”

“Alcohol addiction is a chronic illness”

An addiction or alcohol dependency is a chronic illness that can manifest itself in numerous layers of problems. Intervention regimes have to take these into account by approaching the situation from a medical, psychological, and social angle. Dialog in Vienna offers such a comprehensive approach. Find out more in this blog post.

Alcohol producers against excessive consumption – Engagement
Alcohol producers against excessive consumption – Engagement
© iStock

Alcohol producers against excessive consumption – Engagement

Alcohol enjoys a special privilege. No other drug is as socially accepted. This also manifests itself in the special status it is invested with by law: while cannabis – a market whose legal side is estimated to grow from USD 9.5bn in 2017 to USD 32bn by 2020 – is legal in only a handful of states, tobacco is subject to ever-more stringent regulations. By comparison, alcohol producers are relatively free to pursue their business.