‘If the arms industry were to be accepted as ESG-compatible, it would have access to funds reserved for the transition to a sustainable economy.’
Arms intervention: Laëtitia Sédou says a new campaign threatens advances in ethical investment
‘This commendable initiative is at risk of being highjacked.’
by Laëtitia Sédou
24th June 2022
In 1758, Philadelphia Yearly Meeting issued a proclamation forbidding its members from participating in the slave trade. By the 1900s, Quakers, along with Methodists and others, also began to exclude other ‘sinful’ sectors, such as alcohol, tobacco, gambling and weapons, from their investments.
