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Don't Bank on the Bomb Media Report

Don't Bank on the Bomb

Don't Bank on the Bomb*, a part of the ICAN partnership (International Campaign to Abolish Nuclear Weapons), has published a report on the details of Scotland's Nuclear weapons.

First published in 2018, the report details the nuclear weapons investments of Scottish banks, Scottish local authority pension funds, Scottish universities and the Scottish Parliamentary Pension Scheme, and features a step-by-step guide for people who want to get involved in the divestment campaign.

This year's edition of the report covers 30 nuclear weapons companies compared to 22 last year. Key findings include:

  • RBS Group, Lloyds Banking Group and Standard Life Aberdeen together invested £5.7 billion in major nuclear weapons between 2017 and 2019.

  • Scotland's largest public pension scheme, the Scottish Local Government Pension Scheme, holds shares worth over £321 million in 18 nuclear weapons companies.

For more information on Don't Bank on the Bomb's report click here:

*Don't Bank on the Bomb is a network of organisations including Scottish CND, Medact Scotland and Edinburgh Peace and Justice Centre

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