Schottische Bank stoppt Investitionen in Streubombenhersteller


Die Royal Bank of Scotland entscheidet den Investitionsstopp aufgrund des öffentlichen Drucks 10.000er KundInnen gegen ihre Geschäfte mit Herstellern von Streubomben. (in Englisch)


M77 Submunition. (c) Stuart Freedman/Handicap International

(02.09.2011)

RBS cuts ties with cluster bomb firms

Amnesty International hailed a major victory today after a high-profile campaign forced Royal Bank of Scotland (RBS) to cease investment in firms that produce cluster munitions.

State-owned RBS had long-standing investments with two companies, Lockheed Martin and Alliant Techsystems, which are well-known producers of cluster bombs.

But after a campaign by Amnesty and other NGOs which saw over 10,000 people email the bank’s chief executive Stephen Hester to demand that it disinvest, an RBS spokesman confirmed today that it had agreed to do so.
The bank had initially denied that either Lockheed Martin or Alliant Techsystems were involved in the actual production of the deadly munitions, which are banned under the Oslo convention, and said it was therefore not technically in breach of the convention.
But a spokesman said it had now agreed to end its investment in the two firms and pledged a commitment to work with other banks and the government to establish guidelines which would stop British banks from investing in such companies in the future.
RBS stated: “After discussions with various NGO groups we have identified some defence-sector clients whose activities could be considered to be outside the spirit of the convention. 
“As a result we will be suspending all further services to any client where we cannot be certain that they are in compliance with our policy. We will seek to work with both the UK government and NGO groups to create clarity on this issue and encourage other banks to do the same.”
Amnesty International’s arms programme director Oliver Sprague welcomed the announcement but said it was disappointing RBS had only made the move in the face of public furore.
“The effects of cluster bombs are utterly horrific and so many RBS customers were outraged to find their bank was in any way involved in funding companies implicated in their production,” he said.
“The swift and immense reaction to our campaign has underscored the public revulsion at banks’ behaviour.
“A code of conduct which prevents any bank from investing in this way again would obviously be the right move.
“It’s a shame that it took this level of public outcry for a bank with such a high profile to decide to cease any involvement and investment in companies which produce these brutal, outlawed bombs,” said Mr Sprague.

Amnesty International hailed a major victory today after a high-profile campaign forced Royal Bank of Scotland (RBS) to cease investment in firms that produce cluster munitions.

State-owned RBS had long-standing investments with two companies, Lockheed Martin and Alliant Techsystems, which are well-known producers of cluster bombs.

Source: 

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