[Vredeslijst] Fwd: Global Study Reveals Who’s Financing Nuclear Arms Makers

Omslag omslag op omslag.nl
Di Mrt 6 17:08:04 CET 2012

De International Campaign to Abolish Nuclear Weapons (ICAN)  
heeft een opzoenbarebde studie gedaan naar de financiers  
van de nucleaire wapenindustrie. VoOr NL worden genoemd:  
AEGON, ING en Unilever Pensieonfonds.

Van The Abolition2000 Network: (Abolition2000 op gmail.com)

Global Study Reveals Who's Financing Nuclear Arms Makers

A groundbreaking report released on 5 March 2012 by the
International Campaign to Abolish Nuclear Weapons
[http://www.icanw.org] (ICAN) identifies more than 300  
pension funds, insurance companies and asset managers in 30
countries with substantial investments in nuclear arms  
. The 180-page study,  Don't Bank on the Bomb: The Global
Financing of Nuclear Weapons Producers
[http://www.dontbankonthebomb.com/], provides details of
financial transactions with 20 companies that are heavily
involved in the manufacture, maintenance and modernization  
of US
, British, French and Indian nuclear forces.

Nuclear disarmament campaigners are appealing to financial
institutions to stop investing in the nuclear arms industry.
"Any use of nuclear weapons would violate international law  
have catastrophic humanitarian consequences. By investing in
nuclear weapons producers, financial institutions are in  
facilitating the build-up of nuclear forces. This undermines
efforts to achieve a nuclear-weapon-free world and  
heightens the
risk that one day these ultimate weapons of mass destruction
will be used again," said ICAN campaigner Tim Wright, a co
-author of the report.

South African activist and Nobel Peace Prize winner Desmond  
a supporter of ICAN, contributed the foreword to the  
report, in
which he called on financial institutions to "do the right  
and assist, rather than impede, efforts to eliminate the  
of radioactive incineration", noting that divestment was a  
part of the successful campaign to end apartheid in South  
. "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,  
threatens us all," he wrote.

Nuclear-armed nations spend in excess of US$100 billion  
each year
maintaining and modernizing their nuclear forces, according  
the ICAN report. Much of this work is carried out by
corporations such as BAE Systems and Babcock International  
the United Kingdom, Lockheed Martin and Northrop Grumman in  
United States, Thales and Safran in France, and Larsen &  
in India. Financial institutions invest in these companies  
providing loans and purchasing shares and bonds.

Of the 322 financial institutions identified in the report,
roughly half are based in the United States and a third in
Europe. Asian, Australian and Middle Eastern institutions  
also listed. The institutions most heavily involved in  
nuclear arms makers include Bank of America, BlackRock and  
Morgan Chase in the United States; BNP Paribas in France;
Allianz and Deutsche Bank in Germany; Mistubishi UJF  
in Japan; BBVA and Banco Santander in Spain; Credit Suisse  
UBS in Switzerland; and Barclays, HSBC, Lloyds and Royal  
Bank of
Scotland in Britain.

The report emphasizes the humanitarian, legal and  
arguments for divestment, noting the unique destructive
potential of nuclear weapons. Setsuko Thurlow, a survivor  
of the
US atomic bombing of Hiroshima in 1945, writes in the  
"Anyone with a bank account or pension fund has the power to
choose to invest his or her money ethically – in a way that  
not contribute to this earth-endangering enterprise." In
addition to stating the ethical case for divestment, the  
also warns of the reputational risks associated with  
nuclear arms, and highlights the positive role that  
institutions could play in the quest for a world free from  

View the report at  [http://www.dontbankonthebomb.com].

Abolition 2000 provides a regular update of progress and  
for a global treaty to abolish nuclear weapons. For further
information about Abolition 2000 and our activities see www

Met vriendelijke groet,


-- Lees ZOZ - tijdschrift voor  
Omslag - Werkplaats voor Duurzame Ontwikkeling
040-2910295 - http://www.omslag.nl

Meer informatie over de Vredeslijst maillijst