2016, December: Eighteen financial institutions, managing more than 1.7 trillion euros, prohibit investments in nuclear weapons producers
These institutions are prepared for the legal implications of a ban on nuclear weapons to be negotiated at the UN in 2017. Another 36 institutions have some form of limitation on such investments. But far too many institutions are still investing in nuclear weapons producers, according to.
The financial institutions with comprehensive policies prohibiting investment in nuclear weapons producers are based in Australia, Denmark, Italy, the Netherlands, Norway, Sweden and the United Kingdom. They make up the Hall of Fame and show that investment in nuclear weapons is a choice, not a necessity. Institutions imposing limitations on investing in nuclear weapons producers are responding to the growing stigma against these weapons, designed to kill indiscriminately.
“Governments have decided to negotiate a nuclear weapons ban treaty in 2017, and now is the time for banks, pension funds and insurance companies to get ready and end financial relations with companies involved in weapons of mass destruction”
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