Responsible Nuclear Divestment - Future of Life Institute (original) (raw)
Only 30 companies worldwide are involved in the creation of nuclear weapons, cluster munitions and/or landmines. Yet a significant number of popular funds invest in these companies. Happily there are still a large number of funds that are relatively unconnected with the creation of these inhumane and indiscriminate weapons, which means you can start investing in a beneficial future for all.
Are you investing in the world’s worst weapons?
Enter your funds below to find out:
Prohibited by the Mine Ban Treaty which over 160 nation have joined, antipersonnel mines are indiscriminate weapons that injure and kill civilians across the globe on a daily basis. Lying in wait for their victims, they don’t recognize ceasefires and continue to kill and maim long after the end of conflicts, instilling fear in communities and providing a lethal barrier to development (source).
Worried about certain weapons more than others? Check the boxes below to search by funds specific to each, and click on the weapons to learn more about them.
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Cluster Munitions |  |
Landmines |  |
Nuclear Weapons |
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Scroll below for responsible investment options.
Why Divest and From Which Companies?
Divestment helps stigmatize, which played a key role, for example, in ending Apartheid in South Africa. Divestment pressure persuaded Lockheed Martin to stop making Cluster Munitions and, in 2015, it persuaded one of only two remaining landmine producing companies, Singapore Technology and Engineering, to stop. And the companies below are the 30 companies still making cluster munitions, landmines, and nuclear weapons. Ready to stigmatize? (Hover over each logo to see what weapons the companies make.)
China Aerospace Science and Technology has a subsidiary, Sichuan Aerospace Industry Cooperation, which advertises cluster munitions on the product pages of its website. We found no evidence that it had ceased producing these types of cluster munitions since May 2008.
Walchandnagar Industries Limited supplies infrastructure and facilities for the production of the surface-to-air short-range Akash missile and the launching systems for Agni and Akash missiles for the Indian arsenal. It also manufactures the main thrust motor casing segment for the intercontinental ballistic Agni-V missile.
Responsible Investing
Now that you know what you’re invested in and which companies you want to avoid, how do you choose alternative funds? Remember above where we said there are lots of alternative options? Get ready to start scrolling! The list below includes all of the funds that have absolutely no connection to weapons-producing companies, and further down are funds that aren’t directly invested in the weapons-producing companies you care about, but they still have indirect investments. Click on any of the funds to visit their websites, or just pass this list on to your financial advisor or planner for their help narrowing down where you want to put your money.
This content was first published at futureoflife.org on June 21, 2017.
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