Worldwide investments in CLUSTER MUNITIONS

Recommendations

Info

102 U.S. Department of Defense, “U.S. DoD Contracts, No. 1122-10”, 8 December 2010, available at archive.defense.gov/ Contracts/Contract.aspx?ContractID=4425, last viewed 22 January 2016; Armed Forces International, “India and US Ink CBU-105 Cluster Bomb Deal”, 10 December 2010, Armed Forces International website (www.armedforces-int. com/news/india-and-us-ink-cbu-105-cluster-bomb-deal.html), viewed 22 January 2016. 103 Textron, “Textron Defense Systems Receives $257M Order to Supply Sensor Fuzed Weapons to Indian Air Force”, 9 February 2011, available at investor.textron.com/newsroom/news-releases/press-release-details/2011/Textron- Defense-Systems-Receives-257M-Order-to-Supply-Sensor-Fuzed-Weapons-to-Indian-Air-Force/default.aspx, last viewed 22 January 2016; Armed Forces International, “India and US Ink CBU-105 Cluster Bomb Deal”, 10 December 2010, Armed Forces International website (www.armedforces-int.com/news/india-and-us-ink-cbu-105- cluster-bomb-deal.html), viewed 22 January 2016. 104 U.S. Department of Defense, “U.S. DoD Contracts, No. P00015”, 13 September 2013, available at archive.defense.gov/Contracts/Contract.aspx?ContractID=5133, last viewed 22 January 2016. 105 U.S. Department of Defense, “U.S. DoD Contracts, No: CR-091-14”, 14 May 2014, available at archive.defense.gov/Contracts/Contract.aspx?ContractID=5285, last viewed 22 January 2016. 106 U.S. Defense Security Cooperation Agency, “Saudi Arabia – CBU-105 Sensor Fuzed Weapons”, 13 June 2011, available at www.dsca.mil/sites/default/files/mas/saudi_arabia_10-03_0.pdf, last viewed 22 January 2016; Craig Hoyle, “Saudi Arabia requests Sensor Fuzed Weapon buy”, Flightglobal, 15 June 2011, available at www.flightglobal.com/news/articles/saudi-arabia-requests-sensor-fuzed-weapon-buy-358061/, last viewed 22 January 2016. 107 Textron Systems, “2014 Fact Book”, 2015, available at www.textron.com/assets/resources/2014_FB/pdf/Textron- 2014-Fact-Book.pdf, last viewed 22 January 2016. 108 U.S. Department of Defense, “U.S. DoD Contracts, No. 995-12”, 19 December 2012, available at archive.defense.gov/Contracts/Contract.aspx?ContractID=4941, last viewed 22 January 2016; U.S. Department of Defense, “U.S. DoD Contracts, No. 593-13”, 20 August 2013, available at archive.defense.gov/Contracts/Contract.aspx?ContractID=5116, last viewed 22 January 2016. 109 Defense Security Cooperation Agency, “Taipei Economic and Cultural Representative Office in the United States - Retrofit of F-16A/B Aircraft”, 21 September 2011, available at www.us-taiwan.org/reports/2011_september21_ taiwan_congressional_notifications.pdf, last viewed 22 January 2016. 110 Defense Security Cooperation Agency, “U.S. DoD Contracts, No. 782-12”, 28 September 2012, available at archive.defense.gov/Contracts/Contract.aspx?ContractID=4887, last viewed 22 January 2016. 111 Singapore Technologies Engineering, “Overview”, Singapore Technologies Engineering website (www.stengg.com/about-us/overview), viewed 22 January 2016. 112 DefenseNews, “Defense News Top 100 for 2015”, 2015, DefenseNews website (people.defensenews.com/top-100/), viewed 22 January 2016. 113 Singapore Technologies Engineering, “Singapore Technologies Kinetics Ltd.”, Singapore Technologies Engineering website (www.stengg.com/about-us/companies/land-systems/st-kinetics), viewed 22 January 2016. 114 Singapore Technologies Engineering, “155 Cargo Round”, 31 January 2007, available at www.stengg.com/ upload/819iE0RQZJP675Q4S3P.pdf, last viewed 20 August 2013; Jane’s Ammunition Handbook, “155 mm Advanced Material Engineering cargo projectile (Singapore), Field artillery”, 17 July 2008. 228
115 AFP, “S’pore says no to cluster bomb pact”, 27 November 2008, Brunei Times website (www.bt.com.bn/asia_news/2008/11/27/spore_says_no_to_cluster_bomb_pact), viewed 22 January 2016; Landmine & Cluster Munition Monitor, “Cluster Munition Ban Policy: Singapore”, last updated 3 September 2013, available at archives.the-monitor.org/index.php/cp/display/region_profiles/theme/3021#_ftn3, last viewed 22 January 2016. 116 Singapore Technologies Engineering, written communication to PAX dated 11 November 2015. 117 ASN Bank, “Over de ASN Bank” (“About ASN Bank”), ASN Bank website (https://www.asnbank.nl/algemeen/ over-de-asn-bank.html), viewed 30 September 2015. 118 ASN Bank, “Kerncijfers” (“Key figures”), ASN Bank website (www.asnbank.nl/algemeen/over-de-asn-bank/organisatie/kerncijfers.html), viewed 24 March 2016. 119 ASN Bank, “ASN Bank Issue paper on Human Rights”, p. 14, available at www.asnbank.nl/web/file?uuid=5439ece0-6385-499e-a552-d0fe5e3b3f50&owner=9ccef6a9-c451-451a-963ae931fe46c086&contentid=2212, last viewed 30 September 2015. 120 ASN Bank, “ASN Bank Issue paper on Human Rights”, p. 14, available at www.asnbank.nl/web/file?uuid=5439ece0- 6385-499e-a552-d0fe5e3b3f50&owner=9ccef6a9-c451-451a-963a-e931fe46c086&contentid=2212, last viewed 30 September 2015; ASN Bank, written response to Profundo dated 27 May 2014; ASN Bank, written response to Profundo dated 13 June 2014. 121 ASN Bank, “Halfjaarbericht 2015: ASN Beleggingsfondsen N.V.” (“Semi-annual report 2015: ASN Beleggingsfondsen N.V.”), ASN Bank website (www.asnbank.nl/web/file?uuid=7fbcde8a-b7f9-494f-a14f-eef6eecb2a3b&owner=9ccef6a9- c451-451a-963a-e931fe46c086&contentid=3465), viewed 24 December 2015; ASN Bank, “Jaarverslag 2014” (“Annual Report 2014”), p. 90; ASN Bank, written response to Profundo dated 19 November 2015. 122 ASN Bank, “Hoge cijfers voor transparantie” (“High marks for transparency”), 8 November 2013, ASN Bank website (nieuws.asnbank.nl/hoge-cijfers-voor-transparantie/), viewed 30 September 2015. 123 ASN Bank, written response to Profundo dated 13 June 2014; ASN Bank, written response to Profundo dated 19 November 2015. 124 Banca Etica, “History”, Banca Etica website (www.bancaetica.it/inglese/history), viewed 28 September 2015. 125 Banca Etica, “Idea and principle”, Banca Etica website (www.bancaetica.it/idea-and-principles), viewed 28 September 2015. 126 Banca Etica, “Statistical Information”, Banca Etica website (www.bancaetica.it/statistical-information), viewed 28 September 2015. 127 Banca Etica, “Statuto” (“Statute”), p. 2, available at www.bancaetica.it/sites/bancaetica.it/files/sites/bancaetica.it/ files/documenti/statuto.pdf, last viewed 28 September 2015. 128 Banca Etica, written response to Netwerk Vlaanderen dated 16 July 2009; The Economist, “Ethical Banking in Italy. A bank that takes its name seriously”, 1 June 2013, available at www.economist.com/news/finance-andeconomics/21578691-bank-takes-its-name-seriously-ethical-banking-italy, last viewed 28 September 2015. 129 Banca Etica, written response to IKV Pax Christi dated 10 August 2013; Banca Etica, written response to Profundo dated 26 June 2014. 130 Banca Etica, written response to Profundo dated 4 October 2013; Banca Etica, written response to Profundo dated 26 October 2015. 229
Page 1 and 2:
June 2016 update Worldwide investme
Page 3 and 4:
PAX (formerly IKV Pax Christi, the
Page 5 and 6:
1.2.24 BB&T (United States) 61 1.2.
Page 7 and 8:
1.2.130 Sealand Securities (China)
Page 9 and 10:
2.2.29 NIBC (the Netherlands) 177 2
Page 11 and 12:
9
Page 13 and 14:
in place, financial institutions ha
Page 15 and 16:
In the research period, these 158 f
Page 17 and 18:
Worthy of mention here are two fina
Page 19 and 20:
Methodology: Questions and Answers
Page 21 and 22:
Sources Of Information For The Hall
Page 23 and 24:
Summary Tables Hall of Shame The fo
Page 25 and 26:
Financial institution in the Hall o
Page 27 and 28:
Financial institution in the Hall o
Page 29 and 30:
Country of origin of financial inst
Page 31 and 32:
PFA Pension Denmark X X X X X PGGM
Page 33 and 34:
NIBC The Netherlands X X X Nordea S
Page 35 and 36:
Introduction Investing in Cluster M
Page 37 and 38:
arise from two arguments: the contr
Page 39 and 40:
We define a cluster munitions produ
Page 41 and 42:
1.1.3 Hanwha (South Korea) Hanwha C
Page 43 and 44:
for surveillance and component test
Page 45 and 46:
Textron argues that the weapon cont
Page 47 and 48:
1.2 The Investments 1.2.0 Introduct
Page 49 and 50:
• Results The following contains
Page 51 and 52:
Norinco Norinco Norinco Norinco Chi
Page 53 and 54:
1.2.8 AQR Capital Management (Unite
Page 55 and 56:
1.2.13 BancPlus (United States) Ban
Page 57 and 58:
Orbital ATK Orbital ATK Inc General
Page 59 and 60:
Norinco Norinco Norinco Norinco Nor
Page 61 and 62:
1.2.21 Bank of New York Mellon (Uni
Page 63 and 64:
1.2.24 BB&T (United States) BB&T (U
Page 65 and 66:
1.2.28 California First National Ba
Page 67 and 68:
1.2.32 Central Pacific Financial Co
Page 69 and 70:
1.2.35 China Development Bank (Chin
Page 71 and 72:
1.2.38 China Investment Securities
Page 73 and 74:
1.2.41 China Minsheng Banking (Chin
Page 75 and 76:
1.2.44 CITIC (China) CITIC (China)
Page 77 and 78:
1.2.47 Comerica (United States) Com
Page 79 and 80:
Hanwha Hanwha Hanwha Hanwha Corp Ha
Page 81 and 82:
1.2.56 Donghai Securities (China) D
Page 83 and 84:
Eaton Vance owns or manages bonds o
Page 85 and 86:
1.2.65 Fifth Third Bancorp (United
Page 87 and 88:
Shareholdings managed by Franklin R
Page 89 and 90:
Goldman Sachs owns or manages share
Page 91 and 92:
Hanwha Hanwha Hanwha Hanwha Corp Ha
Page 93 and 94:
1.2.79 Huatai Securities (China) Hu
Page 95 and 96:
1.2.82 Industrial and Commercial Ba
Page 97 and 98:
Invesco owns or manages bonds of th
Page 99 and 100:
1.2.86 KB Financial Group (South Ko
Page 101 and 102:
KeyCorp has underwritten bond issua
Page 103 and 104:
1.2.91 Kyobo AXA Investment Manager
Page 105 and 106:
1.2.95 LIG Group (South Korea) LIG
Page 107 and 108:
1.2.99 Manulife Financial (Canada)
Page 109 and 110:
1.2.103 Midas International Asset M
Page 111 and 112:
Mitsubishi UFJ Financial has underw
Page 113 and 114:
1.2.108 National Pension Service (S
Page 115 and 116:
1.2.113 Northern Trust (United Stat
Page 117 and 118:
1.2.117 People’s Insurance Compan
Page 119 and 120:
1.2.120 Piper Jaffray (United State
Page 121 and 122:
1.2.123 Prudential (United Kingdom)
Page 123 and 124:
Regions Financial has underwritten
Page 125 and 126:
1.2.129 Samsung Group (South Korea)
Page 127 and 128:
1.2.132 Shenwan Hongyuan Group (Chi
Page 129 and 130:
1.2.135 Siemens (Germany) Siemens (
Page 131 and 132:
1.2.139 State Street (United States
Page 133 and 134:
1.2.142 Sun Life Financial (Canada)
Page 135 and 136:
1.2.145 T. Rowe Price (United State
Page 137 and 138:
1.2.150 US Bancorp (United States)
Page 139 and 140:
1.2.152 Viking Global Investors (Un
Page 141 and 142:
Wells Fargo has underwritten bond i
Page 143 and 144:
1.2.157 WisdomTree Investments (Uni
Page 145 and 146:
financial institutions listed are o
Page 147 and 148:
This means that “any loan or fina
Page 149 and 150:
In September 2010, the FDC’s Admi
Page 151 and 152:
2.1.10 Swedish Pension Fund AP7 (Sw
Page 153 and 154:
2.1.14 A.S.R. (the Netherlands) A.S
Page 155 and 156:
DNB’s Group Policy Corporate Soci
Page 157 and 158:
2.1.25 Pensioenfonds Horeca & Cater
Page 159 and 160:
In 2007, PME strengthened its own g
Page 161 and 162:
2.1.35 Stichting Pensioenfonds Huis
Page 163 and 164:
2.2 Runners-up Financial Institutio
Page 165 and 166:
2.2.1 ABN Amro (the Netherlands) AB
Page 167 and 168:
Retail investment funds are beyond
Page 169 and 170:
2.2.9 Belfius (Belgium) Belfius is
Page 171 and 172:
Since 2011, all investment recommen
Page 173 and 174:
Deutsche Bank’s Policy on Cluster
Page 175 and 176:
HSBC’s Defence Equipment Sector P
Page 177 and 178:
2.2.24 KBC (Belgium) KBC Group is a
Page 179 and 180: How to gain a place in the Hall of
Page 183 and 184: 2.2.36 Royal Bank of Scotland (Unit
Page 185 and 186: 2.2.40 Stichting Pensioenfonds APF
Page 189 and 190: The policy only covers project fina
Page 191 and 192: 2.3 Countries’ Best Practices 2.3
Page 193 and 194: “Also prohibited is the financing
Page 195 and 196: 2.3.2 Ireland BACKGROUND Ireland wa
Page 197 and 198: 2.3.3 Italy BACKGROUND Italy signed
Page 199 and 200: 2 Direct financing within the meani
Page 201 and 202: COMMENTARY What does the legislatio
Page 203 and 204: A Dutch financial institution in vi
Page 205 and 206: The legislation was unanimously ado
Page 207 and 208: 2.3.9 Spain BACKGROUND The Kingdom
Page 209 and 210: “Art. 35b Offences against the pr
Page 211 and 212: DISINVESTMENT - MINISTERIAL AND INT
Page 213 and 214: 2.3.19 Croatia The Republic of Croa
Page 215 and 216: On 1 June 2011, a Ministry of Forei
Page 217 and 218: 2.3.34 Rwanda The Republic of Rwand
Page 219 and 220: Conclusion and recommendations As t
Page 221 and 222: Funds following an index 789 A fund
Page 223 and 224: 16 Article 1: “General Obligation
Page 225 and 226: 34 Hanwha Corporation, “130 mm Mu
Page 227 and 228: 61 Federal Procurement Data System,
Page 229: 90 Textron Systems, “Textron Syst
Page 233 and 234: 146 Fonds de Compensation, “Socia
Page 235 and 236: 180 ABP, “Uitgesloten bedrijven e
Page 237 and 238: 216 Delta Lloyd Asset Management,
Page 239 and 240: 248 PenSam, written response to Pro
Page 241 and 242: 283 PME, “De 10 PME Principes voo
Page 243 and 244: 313 SPH, “Maatschappelijk Verantw
Page 245 and 246: 342 Achmea, “Uitsluitingsbeleid
Page 247 and 248: 374 La Banque Postale, “Registrat
Page 249 and 250: 411 Commerzbank, written response t
Page 251 and 252: 448 Ethias, “Resultaten 2014” (
Page 253 and 254: 481 Intesa Sanpaolo, “About Us”
Page 255 and 256: 514 New Zealand Superannuation Fund
Page 257 and 258: 548 PKA, “Vi Tager Ansvar” (“
Page 259 and 260: 583 Standard Chartered, “Defence
Page 261 and 262: 616 UniCredit Group, “UniCredit P
Page 263 and 264: 647 “Wet houdende regeling van ec
Page 265 and 266: 672 Landmine & Cluster Munition Mon
Page 267 and 268: 694 “Cluster Munitions Prohibitio
Page 269 and 270: 717 Curia Vista, “Interdiction du
show all

Worldwide investments in CLUSTER MUNITIONS

Create successful ePaper yourself

Delete template?

Save as template?