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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! 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
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 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
choice here.
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.
Support ICAN’s work
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