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Article

18 Jul 2006

Author:
Cal Mankowski, Reuters

TIAA-CREF drops Coke from Social Choice Account

Coca-Cola Co. has been ejected from the $8 billion TIAA-CREF Social Choice Account, a fund which invests according to social criteria, officials of the pension fund said on Tuesday. The Coca-Cola position was sold after the fund's consultants said the soft-drink maker did not meet requirements in areas relating to marketing to children, and overseas worker rights and environmental issues.

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