Banks and other financial institutions invest billions of dollars in the nuclear weapons industry and help to keep this industry afloat. The 2017 Treaty on the Prohibition of Nuclear Weapons makes everything to do with nuclear weapons illegal, including “assisting, in any way, anyone engaging in the prohibited activities”.
Any bank or financial institution can decide to become Treaty Compliant in order to comply with this Treaty and help rid the world of nuclear weapons. This means, most importantly, divesting from the companies involved in the nuclear weapons industry and making a policy never to invest in those companies so long as they maintain their involvement with nuclear weapons.
You can help your bank or other financial institution to become Treaty Compliant with 3 simple steps:
- The first step is to look into what that would involve, which in most cases is:
- having no investments in any of the nuclear weapons companies
- doing no business with any of the nuclear weapons companies
2. The second step is to take whatever action may be necessary to divest, boycott and avoid those companies – and that includes informing those companies why you are doing that.
3. The final step is to adopt an official policy stating that the bank or other financial institution will have nothing to do with those companies so long as they are in violation of the Nuclear Ban Treaty.