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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…

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…

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…

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…

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…

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 Committee for Disarmament,…

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…

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