UK Banks And Insurers Blacklist Cluster Bomb Manufacturers -- The Guardian
Lloyds and Aviva among the major firms invoking 'stop lists' to purge cluster munitions companies from their share portfolios
Four of Britain's biggest banks and insurance companies have blacklisted a dozen companies that manufacture cluster bombs and landmines, including two of the world's largest defence firms.
The Guardian has learned that major firms such as Lloyds Banking Group (through its investment arm Scottish Widows), Aviva, the UK's largest insurer, and the Co-op have imposed a blanket ban on holding shares in companies that make or supply cluster munitions, purging them from nearly all their share portfolios.
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My Comment: Lockheed Martin, General Dynamics, and the South Korean industrial conglomerate Doosan are included in this blacklist. If more major banks and insurers get on board .... this could have an impact. But I doubt that this boycott will expand.
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