Camden Council Pension Fund holds more than three million pounds worth of shares in arms companies, including approximately £2.3 million in BAe systems, the arms company which has been under investigation for charges of corruption in half a dozen countries.
Camden boasts a proud history of celebrating diversity yet its investments support companies whose business fuels conflict in areas that Camden residents have fled. How can this be defended?
Camden should set standards that the rest of London can follow by divesting from this killing trade and putting the money into ethical investments.
We, the undersigned, are dismayed that Camden Council Pension Fund holds in the region of £4 million of investments in BAE Systems and other arms companies, despite the indiscriminate nature of their deadly business.
We petition the pension fund committee to divest from all companies involved in the manufacture and sale of arms and equipment with a military purpose.
The Camden Council Pension Fund to divest from arms companies petition to Camden Council Pension Fund was written by Robin Yu and is in the category Military at GoPetition.