These financial institutions have policies preventing investments in nuclear weapon producers, but those policies have one or more loopholes in scope or application. These are imperfect exclusions.
By including a Runners-Up category, we aim to contribute to discussions on exclusion policies and their implementation. The Runners-Up category offers a place to some financial institutions that are almost eligible for the Hall of Fame, but also to some institutions with a policy that contains loopholes that still allow for considerable investments in nuclear weapon producers. As a result, institutions can be listed in this Runners-Up chapter for their policy and at the same time in the Hall of Shame for their investments in nuclear weapon producers.
We found 36 financial institutions with imperfect exclusion policies that are presented in the Runners-Up category.
This table gives a quick look at how each of these financial institution policies met (or failed to meet) the research criteria. Boxes with an “X” indicate that the policy does fulfil this criterium, blank boxes are where the gaps in policy remain. For more detail, including a summary and recommendation for strengthening the policy, for each financial institution, click its name.
Country of Origin
Excludes all producers
Excludes all activities
Applies policy to all financial products
Passed implementation check
|ABN Amro||The Netherlands||X|
|Delta Lloyd Group||The Netherlands||X||X||X|
|Fonds de Compensation||Luxembourg||X|
|Government Pension Fund – Global||Norway||X||X|
|Government Pension Fund- Norway||Norway||X||X||X|
|New Zealand Superannuation Fund||New Zealand||X|
|Pensioenfonds APF||The Netherlands||X||X|
|Pensioenfonds Zorg en Welzijn||The Netherlands||X||X||X|
|Royal Bank of Canada||Canada||X|
|Royal Bank of Scotland||United Kingdom|
|Standard Chartered||United Kingdom||X||X|
|Swedish Pension Funds AP 1-4||Sweden||X||X|
|Van Lanschot||The Netherlands||X||X||X|