1. Nuclear Weapons & Your Investments
Wed October 11, Ploughshares Calgary Society

2. How do I learn what I am invested in?
Prospectuses of investment funds
Annual reports
Internet research
Ploughshares Calgary 2017

3. Online Resources:
pnnd.org (Parliamentarians for Nuclear Non-proliferation and Disarmament)
Handbook for Parliamentarians Chapter 8A – Divestment
dontbankonthebomb.com
2016 Report
Ploughshares Calgary 2017

4. Summary Findings of the DBOTB 2016 Report
The report does not identify all Canadian financial institutions. Only 18 Canadian institutions were assessed. (None passed the test.) If you deal at a credit union, participate in a small pension fund, etc., you will have to do your own research
The report identifies only publicly traded nuclear weapon producers. It does not look at state-owned industries, nor at privately held corporations, which do not release public information
Ploughshares Calgary 2017

5. Summary Findings of the DBOTB 2016 Report
The report studied public information issued by 408 banks, insurance companies, pension funds and asset managers from 26 countries
390 financial institutions involved significantly in the nuclear weapons industry
The named institutions own at least .5% of the outstanding shares or bonds of at least one of the producing corporations
The reporting period ends at August Divestitures made or authorized since then are not reflected in the report
Ploughshares Calgary 2017

6. Summary Findings of the DBOTB 2016 Report
27 producing companies are active in the western stock markets
These corporations can be involved in one or more of the following:
Production (including components, software & delivery systems)
Maintenance
Modernization
The companies are based in France, India, Italy, the Netherlands, the United Kingdom and the United States
Ploughshares Calgary 2017

7. Summary Findings of the DBOTB 2016 Report
498 billion USD invested
Investments take the form of one or more of the following:
share and bond issuances
owned or managed shares and bonds
outstanding loans and authorized credit facilities
Ploughshares Calgary 2017

8. Summary Findings of the DBOTB 2016 Report
The top ten investors are all US based and provided more than USD 214 billion to the identified nuclear weapon producers.
BlackRock
JP Morgan Chase
Capitol Group
Morgan Stanley
Citigroup
State Street
Evercore
Vanguard
Fidelity Investments
Goldman Sachs
Ploughshares Calgary 2017

9. Summary Findings of the DBOTB 2016 Report The 27 identified nuclear weapon producers:
Aecom (USA)
Larsen & Toubro (India)
Aerojet Rocketdyne – GenCorp (USA)
Leonardo – Finmeccanica (Italy)
Airbus Group (the Netherlands)
Lockheed Martin (USA)
BAE Systems (UK)
MOOG (USA)
Bechtel (USA)
Northrop Grumman (USA)
Boeing (USA)
Orbital ATK – Alliant (USA)
BWX Technologies (USA)
Raytheon (USA)
Charles Stark Draper Lab (USA)
Safran (France)
CH2M Hill (USA)
Serco (UK)
Engility Holdings (USA)
Textron (USA)
Fluor (US)
Thales (France)
General Dynamics (USA)
Walchandnagar Industries (India)
Honeywell International (USA)
Huntington Ingalls Industries (USA)
Jacobs Engineering (USA)
Ploughshares Calgary 2017

10. Summary Findings of the DBOTB 2016 Report The 18 identified Canadian financial institutions:
BMO Financial Group
Manulife Financial
Burgundy Asset Management
Power Financial Corporation
Caisse de depot et placement du Quebec
Royal Bank of Canada
Scotiabank
Cardinal Capital Management
Sprucegrove Investment Mgmt
CI Financial
Sun Life Financial
CIBC
Toronto-Dominion Bank
CPP Investment Board
Westwood Holdings Group
Export Development Canada
Letco Brosseau & Associates
Mackie Research Financial
Ploughshares Calgary 2017