Nuclear weapons are now illegal under international law. The Treaty on the Prohibition of Nuclear Weapons entered into force on the 22nd of January, 2021.
By divesting, responsible Australian super funds can manage risk, and hasten the abolition of nukes: the world’s worst weapons.
nuclear weapon free finance
the last of the worst
Nuclear weapons are illegal as of January 2021, when the Treaty on the Prohibition of Nuclear Weapons enters into force.
Australian financial institutions should take action to disinvest from these illegal and inhumane weapons.
Download the Quit Nukes briefing paper.
Quitting is responsible
Quitting investments in illegal nuclear weapons companies helps you manage your fiduciary, regulatory and reputational risk.
Download the Quit Nukes briefing paper for our risk analysis and policy recommendations.
Quitting is popular
Your members want you to quit nukes.
A 2019 Ipsos poll found 69% of Australians don’t want their money invested in nuclear weapons companies.
Most Australians abhor nuclear weapons: 79% support the nuclear ban treaty.
If you have money in an Australian super fund, you are probably investing in illegal nuclear weapons.
We estimate that Australian super funds – excluding SMSFs – invest about $15 billion of members’ money in nuclear weapons companies.
Many super companies don’t explicitly say if they do, or don’t, invest in companies that produce, or support the production or deployment of, nuclear weapons.
Only a handful of Australian financial institutions have policies in place to exclude nuclear weapons companies: visit our Honour Roll to check the latest list of institutions.
Please use this form to get in touch with the Quit Nukes campaign or email us at email@example.com. We welcome queries from funds and their members.
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QUIT NUKES IS AN INITIATIVE OF THE MEDICAL ASSOCIATION FOR PREVENTION OF WAR (AUSTRALIA), IN COLLABORATION WITH THE INTERNATIONAL CAMPAIGN TO ABOLISH NUCLEAR WEAPONS (AUSTRALIA). THE JESSIE STREET TRUST HAS PROVIDED FINANCIAL SUPPORT TO THE QUIT NUKES CAMPAIGN.
WE ACKNOWLEDGE THE TRADITIONAL OWNERS OF THE LAND ON WHICH WE WORK.
CONTACT US AT: PO BOX 1379, CARLTON, VICTORIA 3053.