The Financing of Nuclear Weapons Producers – With a Foreword by Desmond Tutu
This is the first major global report on the financing of companies that manufacture, modernize and maintain nuclear weapons and their delivery vehicles. It identifies more than 300 banks, insurance companies, pension funds and asset managers from 30 countries that invest significantly in 20 major nuclear weapons producers.
Divesting from Nuclear Weapons
We need your help to put pressure on financial institutions to stop investing in the nuclear arms industry. By financing nuclear weapons producers, banks and other institutions are in effect facilitating the build-up of nuclear forces.
ICAN supporter and Nobel Peace Prize winner Desmond Tutu has called on financial institutions to “do the right thing and assist, rather than impede, efforts to eliminate the threat of radioactive incineration”, noting that divestment was a vital part of the successful campaign to end apartheid in South Africa.
“Today, the same tactic can – and must – be employed to challenge man’s most evil creation: the nuclear bomb. No one should be profiting from this terrible industry of death, which threatens us all,” he wrote.
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