Open letter to index providers on controversial weapons

In February 2019, over 140 financial institutions called on major index providers to exclude producers of controversial weapons from their mainstream index products. The initiative, coordinated by Swiss Sustainable Finance (SSF), was published as an open letter in the Financial Times and two Swiss newspapers. Read more

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Kyushu Financial Group (KFG) avoids inhumane weapons

On July 10th, Kyushu Financial Group (KFG) released its new corporate policy paper (only in Japanese), which includes prohibitions of investment or loans for companies that develops and/or produces inhumane weapons such as cluster bombs. According to additional research by RECNA (Research Center for Nuclear Weapon Abolition, Nagasaki University), they will also avoid investments in nuclear weapons. Read more

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S&P’s new ESG option excludes controversial weapons, but it’s not enough

The S&P500 is one of the oldest index funds around, and underlies many investment…

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The corporate legacy of nuclear testing in America

The US hasn’t conducted a full scale nuclear test since 1992, but the legacy of testing lives on, and a handful of companies are making billions.

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RIP INF

Today is it, the time is up, and the INF treaty has collapsed. Read more

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Boeing drops out of GBSD competition

Boeing announced it is no longer going to participate in the process to replace the US Minuteman III ICBM system with a new Ground Based Strategic Deterrent. Read more

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Philadelphia launches

World BEYOND War, CODEPINK, Granny Peace Brigade Philadelphia, and other members of the Divest Philly from the War Machine Coalition are launching a campaign to divest the city of Philadelphia’s pension fund from nuclear weapons. Read more

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NYC moving towards nuclear weapon divestment

This week, the New York City Council introduced a package of legislation on nuclear weapons (Res. No. 976 and Int. No. 1621), introduced by City Council…

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Santa Barbara California adds its voice against nuclear weapon investments

On 18 June 2019, the city of Santa Barbara, California officially endorsed the Treaty on the Prohibition of Nuclear Weapons (UN Ban Treaty) and voiced its opposition to the investment of city resources in companies associated with nuclear weapon production.

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Midlothian Council (UK) calls on local pension fund to divest

The Midlothian Council unanimously adopted a resolution last week calling on the local Lothian Pension Fund to divest from companies involved in producing…

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