Tag Archives: International Campaign to Abolish Nuclear Weapons (ICAN)

Nuclear Weapons Ban Treaty Tied to ‘Historic Shift’ Away From ‘Perilous Profiteering’

“Financial institutions that continue investing in companies building nuclear weapons face regulatory risks as more countries join the treaty. They also face an increased reputational risk.”

By Jessica Corbett.  Published 11-11-2021 by Common Dreams

ICAN action against investments in nuclear weapons. April 2012, Melbourne. Photo: ICAN (Tim Wright)/flickr/CC

The latest Don’t Bank on the Bomb report, released Thursday, sheds light on the early impacts of a global treaty banning nuclear weapons worldwide while also exposing the companies and financial institutions responsible for continuing to build up governments’ arsenals.

The new report from the International Campaign to Abolish Nuclear Weapons (ICAN) and PAX comes as the world nears the one-year mark of the Treaty on the Prohibition of Nuclear Weapons (TPNW) entering into force after opening for signature in September 2017. Continue reading

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