“Aviva, Royal London and the National Employment Savings Trust (Nest) are among a group of pension giants that restrict or block investment in the defence industry on “ethical” grounds.” www.telegraph.co.uk/business/202... - ThreadSky

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shashj.bsky.social • 51 days ago

“Aviva, Royal London and the National Employment Savings Trust (Nest) are among a group of pension giants that restrict or block investment in the defence industry on “ethical” grounds.” https://www.telegraph.co.uk/business/2025/03/06/top-pension-funds-refuse-to-back-defence-industry/

Comments

tomlevitt.bsky.social•51 days ago

Quite right too!

oldnorthshore.bsky.social•51 days ago

ESG is total bullshit for so many reasons. The "ethical" thing is to unilaterally disarm in the face of dictators.

I run a fund and have dealt with this level of stupidity.

greygosling.bsky.social•51 days ago

Nest...? FFS.

gon1613.bsky.social•51 days ago

Time to change that.

geor9e.bsky.social•51 days ago

Somewhat disingenuous. They haven't just made this decision. Investors will have paid in on the basis of the fund's investment principles.

flatmm.bsky.social•51 days ago

Cos it's much more ethical to let people be slaughtered, raped and displaced. You can make weapons and still have ethics.

filosofical-140.bsky.social•50 days ago

I invested in Aviva because it has one of the best women leaders in the city. Aviva are in the business of making a profit. They invest people's money and manage funds so that they can get a profit and grow sustainably.
I stand with Ukraine but I don't think it's ethical to make a profit from war.

nordiceuropean.bsky.social•51 days ago

That's so short sighted

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