Campaign news
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Italy bans investments in cluster bomb producers
Italy has recently implemented a new law that prohibits all companies from funding manufacturers of anti-personnel mines, cluster munitions and submunitions. On 9 December 2021 the President of the Republic Sergio Mattarella, promulgated the law (original italian version) on “disinvestment’s” (LAW No. 220). LAW No. 220 applies to all companies, regardless of their legal personality …
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Updated ICRC checklist for CMC implementation
The ICRC has updated its checklist for the implementation of the Convention on Cluster Munitions (CMC). It helps States Parties draft national legislation to implement the Convention and complements the ICRC’s model implementation law. Article 9 of the CMC requires States Parties to prevent the actions prohibited under the Convention from being undertaken under its …
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Ecuador and Madagascar reject cluster munitions financing at UN
During the 74th meeting of the First Committee of the General Assembly of the United Nations, Ecuador and Madagascar have reiterated their rejection of investments in cluster munition producers. The United Nations General Assembly is where all UN member states discuss issues of international peace and security . After two weeks of General Debate that …
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States condemn continued use of cluster munitions in Syria
During the annual meeting of states parties to the Convention on Cluster Munitions (CCM), states have collectively condemned all use of cluster munitions by any actor. Several states also called to end investments in cluster munitions producers. High numbers of cluster munition casualties in Syria… Russian and Syrian government forces have used cluster munitions in …
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S&P’s new ESG option excludes controversial weapons, but it’s not enough
The S&P500 is one of the oldest index funds around, and underlies many investment products. The index tracks the stock of 500 of the largest U.S. companies across industries. As demand for ESG screened investment products continues to grow, there’s now a new alternative index that excludes nuclear weapon producers, but only excluding controversial weapons …
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