The Netherlands’ ABP, one of the world’s largest pension funds, announced Friday it has shed its holdings in companies that make land mines. The Associated Press reports that the fund, which serves civil servants and teachers and has 209 billion euros ($279 billion) in assets, was hit with bad publicity in March when a television programme revealed it held stock in military contractors – including some involved with the manufacture of land mines, cluster bombs, and nuclear weapons.
Giant Dutch Pension Fund ABP Divests From Arms Manufacturing
The Netherlands' ABP, one of the world's largest pension funds, announced Friday it has shed its holdings in companies that make land mines. The Associated Press reports that the fund, which serves civil servants and teachers and has 209 billion
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