FI15703
Request
- Which arms, military and defence companies does the council currently hold direct investments in?
- Which arms, military and defence companies does the council currently hold indirect investments in, for example through pooled funds?
- What is the total value of these investments and how much is invested in each company? Please specify which are direct and indirect.
Companies of relevance include, but are not limited to: Airbus, Babcock International, BAE Systems, Boeing, Caterpillar, Chemring, Elbit Systems, General Dynamics, General Electric, Honeywell, Huntington Ingalls, JCB, L3Harris Technologies, Leonardo, Lockheed Martin, Meggitt, Northrop Grumman, QinetiQ, Rolls-Royce PLC, Rafael, RTX (formerly Raytheon Technologies), Smiths Group and Thales.
Response
- None.
- Cummins Inc, Eaton Corporation, Volkswagen AG, ZF Friedrichshafen, EC Finance, GE Capital, Boeing, Rolls Royce and BAE Systems.
- All of the investments are indirect through pooled funds. The amount invested in each company through the pooled funds is set out below:
- Cummins Inc - £97k
- Eaton Corporation - £55k
- Volkswagen AG - £18k
- ZF Friedrichshafen - £15k
- EC Finance - £15k
- GE Capital - £198k
- Boeing - £60k
- Rolls Royce £106k
- BAE Systems - £106k