NIBC will not support the production of any weapons banned by international treaties and protocols. This includes the Treaty on the Prohibition of Nuclear Weapons (TPNW) among others.

The NIBC policy explains NIBC does not finance or invest in companies which manufacture, supply, or develop weapons systems, including highly controversial weapons. For the purpose of this policy, the term Nuclear weapon includes the weapon as a whole, as well as its key component parts, specifically designed to form part of the nuclear weapon (e.g. nuclear warheads, missiles carrying the warheads, tailor-made electric/electronic systems, enriched plutonium / uranium, specifically designed engines and guidance systems). The ballistic missile submarines which are specifically designed to launch nuclear missiles are also considered to be a key component part of the nuclear weapons in the sense of this policy. Services such as testing and maintaining / upgrading of nuclear weapons qualify as servicing nuclear weapons and therefore are also covered by the armament policy criterion.

We will not support the production of “dual-use” components or systems for which the primary purpose is for military goods, but which also have civilian applications.

NIBC wants to avoid making any investments which we or our clients deem unsuitable. Consequently, we maintain an Exclusion List and refrain from investing in or financing companies on the list. This exclusion is applied to whole companies.

Read the full NIBC policy here.