Canadian financial institutions banned investments on cluster munitions
NEI Investments and Desjardins Investments (Canada) announced they have banned investments in cluster munitions producers. Both financial institutions already had cluster munitions policies in place for specific funds and have now extended that exclusion to all products, according to the financial companies.
The Cluster Munition Coalition (CMC) welcomes this announcement. A comprehensive ban on investments in cluster munition producers by Desjardins Investments and NEI Investments would be a very positive outcome of Canada’s statement that it considers investment in cluster munitions to be prohibited.
The full story is available on the Stop Explosive Investment website.