ESG Funds & Defense Investments - Europe's ESG funds, managing approximately $9 trillion, are easing restrictions on defense company investments, including those in nuclear arms [1] - Wars in Ukraine and the Middle East are cited as reasons for re-evaluating the ban on defense-related investments [2] - An S&P index tracking aerospace and defense has increased by over 40% this year [2] - This growth is more than double the gain in an S&P index dedicated to clean energy stocks [2] Defense Spending & ESG Opposition - Defense spending is projected to increase significantly, with countries like Germany increasing core defense spending [3] - Some voices within the ESG community are beginning to oppose the trend of investing in defense [3] - The shift occurs as the 80th anniversary of the atomic bombings of Hiroshima and Nagasaki is commemorated [3]
How weapons of mass destruction became popular with ESG investors
Bloomberg Televisionยท2025-08-25 06:38