Stop Banking the Bomb – the campaign to get PNC Bank to divest from nuclear weapons

In particular, SBTB is working to get PNC bank, the seventh largest bank in the US, to divest from the companies involved in the production of nuclear weapons. PNC has over 600,000,000 dollars invested in six of the companies contracted to make and maintain the US nuclear triad. Their task is clear – divest all existing funds from the companies making nuclear weapons and adopt a comprehensive policy barring all future investment or loan making to nuclear weapons companies. In the first year of their campaign SBTB has been busy. They’ve organized over 20 demonstrations outside of PNC Bank offices, including during the bank’s 2018 shareholder meeting. This year they plan to continue growing their campaign and will organize dozens of demonstrations targeting PNC Bank and educating others about their irresponsible investments in nuclear weapons. If you’re interested in getting involved check out the SBTB website and consider organizing a demonstration outside of a PNC Bank

Meet Stop Banking the Bomb, NuclearBan.US’s newest partner in the fight for a nuclear weapons free world. The Stop Banking the Bomb campaign was formed in 2017 by a coalition of Pittsburgh activists inspired by the passage of The Treaty on the Prohibition of Nuclear Weapons. Despite the fact that 122 nations voted to adopt the world’s first comprehensive ban on nuclear weapons, the US and the other nuclear-armed states boycotted the negotiations. The corporations making billions off of the US bloated military-industrial complex are also making million off contracts to modernize and maintain the US nuclear weapons program. These are companies like Boeing, Honeywell, General Dynamics and Lockheed Martin, which bankroll our politicians and have some of the most powerful lobbies in the country. Recognizing that appealing to US politicians to change the US nuclear weapons policy isn’t enough in itself, SBTB seeks to target the nuclear weapons industry directly by targeting the financial institutions that bankroll them.