Don’t Bank on the Bomb
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… »
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… »
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… »
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… »
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… »
Democracy breaks out at the UN as 122 nations vote to ban the bomb
We are witnessing a striking shift in the global paradigm of how the world views nuclear weapons. On July 7, 2017, at a UN Conference mandated by the UN General Assembly to negotiate a treaty to prohibit nuclear weapons, the only weapons of mass destruction yet to be banned, 122… »
The United Nations votes to start negotiations to ban the bomb
One hundred and twenty-three nations voted to move forward with negotiations to prohibit nuclear weapons—just as the world has already done for biological and chemical weapons. In a historic vote on October 27 at the United Nations… »
Financial institutions drop the bomb from their investment portfolio
53 financial institutions prohibit or limit investments in nuclear weapon producers, shows Don’t Bank on the Bomb, a report published today by Dutch peace organization PAX. This is a 150% increase compared to last year’s report. The increase illustrates the growing stigmatization of nuclear weapons because of the renewed… »
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Milagro Sala
International Campaign to Abolish Nuclear Weapons
