Divestment

27.06.2019

New York City Moved to Divest and Ban Nuclear Weapons

New York City Moved to Divest and Ban Nuclear Weapons

By David Andersson On Wednesday, June 9, New York City Council members Dromm, Rosenthal and Kallos introduced Resolution 976 to: 1) require the city to divest from financial institutions involved in the production and maintenance of nuclear weapons; and 2) stand in support of the U.N. treaty on the Prohibition… »

16.01.2019

Swedish pension fund to abandon nuclear weapons investments

Swedish pension fund to abandon nuclear weapons investments

Today Sweden’s fourth national pension fund company, AP4, announced via a press statement that it is to divest from firms involved in the production of nuclear weapons, such as Airbus, Boeing and Raytheon.  In June last year, AP4 had more than 2.5 billion Swedish kronor (around 250… »

21.08.2018

Nuclear weapons are terrifying, but what can I do?

Nuclear weapons are terrifying, but what can I do?

Nuclear weapons are indeed the worst weapon ever created. They are designed to decimate cities. The Red Cross & the UN have said that if they’re used in a populated area, there’s no help coming[1], there’s nothing anyone can do to mitigate the damage. The only thing we… »

09.06.2018

Belgian banking group to divest from nuclear weapons

Belgian banking group to divest from nuclear weapons

In a raft of new measures in the fields of environmental policy, human rights and arms-related activities, the Belgian banking group KBC announced on Friday the 8th of June that it “will also regard nuclear weapons as controversial weapons. Companies involved in the production or development of… »

23.05.2018

New Deutsche Bank policy expands exclusion nuclear weapons producers

New Deutsche Bank policy expands exclusion nuclear weapons producers

We publish here the report from the Don’t Bank on the Bomb campaign on Deutsche Bank’s announcement to tighten up their policy on investments in “controversial weapons”: By Maaike Beenes of Pax. Deutsche Bank announced today it has expanded its exclusion of controversial weapons companies. The… »

23.05.2018

Divest From BlackRock! May 23 In New York City

Divest From BlackRock! May 23 In New York City

On Wednesday morning, May 23 2018 in New York City, the annual shareholder’s meeting of BlackRock, the shadowy but gigantic “too big to fail” financial conglomerate that profited from the Wall Street crash of 2007/2008 and has been profiting for decades from global weapons sales, local gun sales and pro-military… »

20.04.2018

Indigenous Women’s Delegation To Europe Continues Push For Fossil Fuel Divestment By Major Banks

Indigenous Women’s Delegation To Europe Continues Push For Fossil Fuel Divestment By Major Banks

Infused with the spirit of their ancestors and unwavering determination to seek accountability and justice, an Indigenous Women’s Divestment Delegation will travel to Switzerland and Germany from April 20th to 28th, 2018. Despite rights violations and dangers to the health of the global climate, some of Europe’s most powerful banks… »

07.03.2018

329 financial institutions shamed for assisting nuclear weapon production

329 financial institutions shamed for assisting nuclear weapon production

Today marked the release by PAX, the Dutch peace organisation, of their annual Don’t Bank on the Bomb report.  This year’s report is more relevant than ever given last year’s historic agreement by 122 countries on the text of the Treaty on the Prohibition of Nuclear… »

13.01.2018

Largest Dutch pension fund ABP to divest from nuclear weapons

Largest Dutch pension fund ABP to divest from nuclear weapons

The largest Dutch pension fund, the civil servants fund ABP, has decided to end its investments in producers of nuclear weapons. ABP has “finally made the right decision”, says PAX campaigner Krista van Velzen. “After years of campaigning by PAX against the unacceptable investments by the ABP in nuclear weapon… »

02.12.2017

Japanese companies divest from cluster bombs

Japanese companies divest from cluster bombs

Four Japanese banks and insurance companies have stopped certain investments in producers making cluster bombs, according to reports today in several Japanese media outlets (in Japanese): Mainichi Newspaper, TV Asahi, Jiji Tsushin, Asahi Newspaper, and… »

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