Divestment

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… »

02.11.2017

Women of Standing Rock: Working together as human beings, sharing the planet and the future

Women of Standing Rock: Working together as human beings, sharing the planet and the future

Standing Rock has become a worldwide symbol of nonviolent yet firm resistance to highly damaging extraction projects. These projects not only contribute to global warming by continuing to burn fossil fuels and release harmful emissions into the atmosphere, but also violate human rights in many ways, in particular those of… »

22.09.2017

First US bank annouce public position against nuclear weapons

First US bank annouce public position against nuclear weapons

On Wednesday 20 September, the new Treaty for the Prohibition of Nuclear Weapons officially opened for signature and over 50 countries signed.  The US was not one of the signers, but US advocates for the Treaty have succeeded in making the first US bank annouce that it will not invest… »

08.06.2017

The Water Protectors meet with the Mayor of Geneva

The Water Protectors meet with the Mayor of Geneva

Water Protectors Rachel Heaton and Rafael Gonzalez met with the Mayor of Geneva Rémy Pagani to talk about divestment out of fossil fuels and got his official support. Then they exchanged with the Union UNIA about strategies of divestment of the workers’ pension funds. The night ended with an outdoors hip-hop… »

01.06.2017

Nuclear ban treaty: Will governments take on the nuclear arms merchants?

Nuclear ban treaty: Will governments take on the nuclear arms merchants?

An international prohibition on the financing of nuclear weapons could help reverse the nuclear arms race and be a powerful tool in delegitimizing nuclear weapons, according to nuclear disarmament campaigners participating in UN negotiations on a treaty to prohibit nuclear weapons. ‘Corporations manufacturing nuclear weapons wield tremendous power in the… »

19.04.2017

Under Activist Pressure, Portland Agrees to End All Corporate Investments

Under Activist Pressure, Portland Agrees to End All Corporate Investments

By Mike Ludwig, Truthout | Report In a sweeping move that follows a wave of divestment activism in Portland, Oregon, and across the country, the Portland City Council voted last week to pull all of the city’s investments in corporate bonds and securities. The decision was a major victory for a… »

02.03.2017

Success as German bank divests from Dakota Access Pipeline

Success as German bank divests from Dakota Access Pipeline

The Bayerische Landesbank (BayernLB) was one of 17 banks to have invested in the Dakota Access Pipeline. The highly controversial pipeline, which is destined to transport oil obtained by fracking across the North American continent is a threat to the environment and drinking water supplies and would also desecrate ancestral… »

13.01.2016

United Methodist Church declares five largest Israeli banks off limits for investment

United Methodist Church declares five largest Israeli banks off limits for investment

Dear reader, We learned this morning that the United Methodist Church’s Board of Pensions declared the five largest Israeli banks off limits for investment and has divested from the two that it held in its portfolios, due to their deep involvement with financing illegal settlement building in the occupied Palestinian… »

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