Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Bank opens up for investments in nuclear weapons companies

» Published: 28 October 2024

Bank opens up for investments in nuclear weapons companies
Photo: Annika Byrde/NTB Scanpix/TT

The security situation in Europe is causing Danske Bank to adjust its rules. After over ten years, it will once again be permitted to invest in companies operating within the nuclear weapons industry, reports Ritzau with reference to the Danish business newspaper Børsen.

According to Erik Eliasson, who is head of sustainable investments at Danske Bank, the decision is a consequence of the geopolitical development.

The recent years' geopolitical changes, including the increased threat from Russia, have contributed to us adapting our approach to the defence industry in relation to the society we are a part of, he says to Børsen.

The change applies to companies with deliveries to countries that have signed the non-proliferation treaty for nuclear weapons.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Most up on Asian stock exchanges
1 MIN READ

Most up on Asian stock exchanges

This is how your wallet can be affected by Trump's victory
2 MIN READ

This is how your wallet can be affected by Trump's victory

Cheerful on Wall Street after Trump win
1 MIN READ

Cheerful on Wall Street after Trump win

Thousand-kronor notes to be picked up when the Central Bank increases the pace
3 MIN READ

Thousand-kronor notes to be picked up when the Central Bank increases the pace

Swish up and running again after disruption
1 MIN READ

Swish up and running again after disruption

Trump's company is soaring on the stock exchange
1 MIN READ

Trump's company is soaring on the stock exchange

Swedish Export Threatened by Trump Victory
2 MIN READ

Swedish Export Threatened by Trump Victory

Sameby's appeal against mining company rejected
1 MIN READ

Sameby's appeal against mining company rejected

Inflation Expectations Fall
1 MIN READ

Inflation Expectations Fall

Better than expected for Novo Nordisk
1 MIN READ

Better than expected for Novo Nordisk

No "Trump Effect" on the Stockholm Stock Exchange
1 MIN READ

No "Trump Effect" on the Stockholm Stock Exchange

Stock Market Euphoria as Trump Heads for Victory
2 MIN READ

Stock Market Euphoria as Trump Heads for Victory

Rush on the Tokyo Stock Exchange after the election night
1 MIN READ

Rush on the Tokyo Stock Exchange after the election night

Bitcoin hits new record
1 MIN READ

Bitcoin hits new record

Upward trend on the New York Stock Exchange
1 MIN READ

Upward trend on the New York Stock Exchange

Colombia Buys Jas Gripen
2 MIN READ

Colombia Buys Jas Gripen

Now more wind power on land is required
2 MIN READ

Now more wind power on land is required

High Pressure Causes Electricity Prices to Soar
1 MIN READ

High Pressure Causes Electricity Prices to Soar

EU Approves More Modern VAT Rules
1 MIN READ

EU Approves More Modern VAT Rules

Interest Rate Cuts at Risk if Trump Wins
3 MIN READ

Interest Rate Cuts at Risk if Trump Wins