Divestment

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…

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…

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…

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…

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…

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…

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 Tokyo Newspaper The reports say…

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…

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 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…

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