institutional investors ask the Norwegian fund to divest from Rheinmetall

A group of institutional investors and NGOs, led by SfC, ask the Norwegian fund to divest from Rheinmetall A group of European institutional investors and NGOs, led by SfC – Shareholders for Change’s founding members Bank für Kirche und Caritas (BKC) and Fondazione Finanza Etica, sent a letter to the Norwegian pension fund on the[…]

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Rheinmetall engagement

On 31 July, the Italian government has suspended Rheinmetall bomb export licenses to Saudi Arabia and United Arab Emirates, involved in the Yemen war, for 18 months.   The company’s Italian subsidiary, RWM Italia, produces bombs that are exported to Saudi Arabia and used to bomb Yemen, in a war which has no legitimacy under[…]

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On 8 May 2018, Fondazione Finanza Etica (FFE) and Bank für Kirche and Caritas, on behalf of SfC – Shareholders for Change, attended the annual general meeting of Rheinmetall, a leading German defence company. SfC’s interventions criticised the export of bombs from Sardinia to Saudi Arabia by the Italian subsidiary RWM Italia SpA. «The bombs[…]

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