Nordic fund blacklists Boeing over nuclear weapons

[bananas]

Source: St. Louis Business Journal

Nordea Asset Management, the largest Nordic fund company, has blacklisted the Boeing Co. due to concerns that the company is producing nuclear weapons.

Nordea placed Boeing on its exclusion list in May over concerns about the company's involvement in 2014 in manufacturing components for nuclear-armed ballistic missile submarines, the Financial Times reports.

Nordea's exclusion list also includes other companies involved in manufacturing or supplying nuclear weapons, such as the United Kingdom's BAE Systems and France's Areva and Babcock International, according to the Financial Times.

Boeing already is blacklisted by Europe's largest pension fund and the world's largest sovereign wealth fund.

Read more: http://www.bizjournals.com/stlouis/morning_call/2015/05/nordic-fund-blacklists-boeing-over-nuclear-weapons.html

[bananas]

1. Nordea Blacklists Boeing For Nuclear Weapons' Production

https://www.defenseworld.net/news/12861/Nordea_Blacklists_Boeing_For_Nuclear_Weapons__Production

Nordea Blacklists Boeing For Nuclear Weapons' Production
Source : Our Bureau ~ Dated : Monday, May 4, 2015 @ 03:04 PM
Views : 229 A- A A+

The Nordic fund company has blacklisted Boeing as the group is manufacturing and supplying nuclear weapons, Financial Times reported Sunday.

Nordea added that the move is due to the group’s involvement in producing components for replacement of nuclear-armed Trident ballistic missile submarines in 2014.

Sasja Beslik head of corporate governance at Nordea said “Boeing is in the process of developing a new nuclear programme, [which means] we cannot engage with them. These companies will not change their business models, because [nuclear] is too lucrative.”

<snip>

Mr Beslik said, “We do not believe that the development of new nuclear weapons is needed and we do not want to contribute to the expansion of this business as the potential use of (nuclear arms) is extremely damaging to mankind.”

Nordea joins a number of large European investors that have blacklisted Boeing as a result of their “responsible investment” policies.

[Telcontar]

2. I think Boeing will do just fine

[Dont call me Shirley]

3. Many more need to divest from these genociders.

[EX500rider]

4. How does working on submarines = nuclear weapons?

Nordea placed Boeing on its exclusion list in May over concerns about the company's involvement in 2014 in manufacturing components for nuclear-armed ballistic missile submarines.

[ManiacJoe]

7. You weren't supposed to notice that part.

[FairWinds]

5. Way to go Nordea !!

Veterans For Peace will spread that news
on our voyages with the re-born Golden Rule.

And jeez folks if there is any facet of international politics
that merits the label "satanic," it has to be nuclear weapons.

Too bad that "Telcom" and "EX" appear not to understand.

[EX500rider]

6. I understand quite well...

....that nuclear weapons can not be "undiscovered".

And as long as China, North Korea, Russia etc. have them then the US needs them also.