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Shareholder Advocacy for Peace & Demilitarization

Jillianne Lyon

Program Director

Investor Advocates for Social Justice

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Investors Demand Human Rights Due Diligence

  • The arms trade presents a systemic risk to the global economy
  • Military sales do not promote global security
  • Militarization exacerbates the climate crisis, migration crises, and racial inequities

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Investors Lack Evidence of Effective Human Rights Due Diligence

F-16 fighter jets equipped with General Dynamics gun systems connected to attacks on civilians and refugee camps in Palestine

Remnants of a school bus bombing in Yemen with fragments linked to Lockheed Martin and other U.S. companies

Northrop Grumman longbow system equipped helicopter used in the 2021 attacks on Gaza

Raytheon component linked to school bombing in Yemen

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Investors Demand Human Rights Due Diligence

Company responses:

  1. HRDD is the responsibility of government entities that license arms transfers
  2. Third party misuse of products and services is not a risk warranting increased HRDD

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General Dynamics

    • 25% investor support for HRDD in 2022
    • Prominent hrts orgs have linked GD to human rights violations, including alleged war crimes resulting from civilian deaths in Yemen, Palestine, and other conflict-affected areas
    • The Company denies any linkage or responsibility

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Lockheed Martin

    • 20% investor support for HRIA in 2022
    • Prominent hrts orgs have recorded indiscriminatory use of LM weaponry against civilians, and specifically children, consistently over time
    • The criteria Lockheed Martin provides for evaluating potential contracts lacks an analysis of human rights risks

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Investors Demand Human Rights Due Diligence

  • Momentum is growing for mandatory HRDD
  • The arms trade is connected to climate, health, migration, etc.
  • Holistic regulation is needed to prioritize HRDD
  • Investors have a responsibility to ensure they are not contributing to harm

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