Dear Friend --



Exciting news in the latest PAX-ICAN report “Moving away from mass destruction” out today: the number of financial institutions across the globe rejecting nuclear weapons keeps growing <[link removed]>! The number of financial institutions excluding the nuclear weapons industry from their investments continues to grow year on year, and many are naming the UN nuclear weapons ban treaty as a reason to stop funding the bomb.



Read the Report <[link removed]>



The 109 financial institutions profiled in this report know that nuclear weapons represent a systemic reputational and regulatory risk, and are putting policies in place that limit or completely exclude any financial engagement with this controversial industry.





The report shows the financial community is taking a more responsible approach, embracing the positive role they can play in further stigmatising and delegitimizing nuclear weapons. Even with Russia’s illegal invasion of Ukraine, and skyrocketing defence spending, the financial community is holding a firm line <[link removed]> against financing weapons of mass destruction.



These policies do more than simply cut off the funding to the individual companies producing nuclear weapons: they signal that doing business off weapons of mass destruction is not a viable business model particularly now the UN Treaty on the Prohibition of Nuclear Weapons is in place.



So today, we want to celebrate that, and encourage more. Will you help us share the report and congratulate these financial leaders?



Exciting #divestment news: PAX and ICAN’s new report "Moving away from mass destruction" shows more and more financial institutions around the world are rejecting nuclear weapons, citing the #nuclearban treaty as a reason to stop banking on the bomb.  











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You can use the link above to share directly on Twitter or find a post for your social media of choicehere <[link removed]>.



Thank you for your support, 



Susi Snyder,

Programme Coordinator and contributing author “Moving away from mass destruction”

ICAN



It’s time to end nuclear weapons.



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