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.
These 5 financial institutions help manage the city’s assets: Strategic Income Management, Lord Abbet High Yield, Fiera Capital, Ariel Capital Holdings, and Northern Trust. In total, these asset managers have over $11 billion invested in nukes. The City needs to tell these companies not to use taxpayer dollars to prop up the nuclear weapons industry and the war machine. We’re urging the Board of Pensions to instruct these asset managers to put a screen on the city’s investments to exclude the top nuclear weapons producers from its holdings.
Here’s the petition for individual signers:
And the sign-on letter for organizational signers: