According to the latest report released by the Danish public welfare organization Oxfam IBIS, 15 of Denmark’s 16 largest pension funds have invested nearly DKKr 3 billion (about 500 million US dollars) in some foreign arms manufacturers.
These companies A large number of weapons have been provided to countries such as Saudi Arabia and the United Arab Emirates, which are deeply involved in the Yemen conflict. Oxfam IBIS believes that these pension funds are making huge profits through war and arms sales.
According to a recent report released by the Danish public welfare organization Oxfam IBIS, Danish pensioners are actually investing in their savings and indirectly involved in arms supply to the United Arab Emirates and Saudi Arabia.
Russian media pointed out that the Yemen conflict is currently one of the most serious humanitarian crises in the world, and the Saudi coalition forces are deeply involved in the Yemeni conflict.
Christian Wieser, the organization’s secretary-general, told the local Danish media that these pension fund companies talked about ethics and sustainable investment when marketing themselves on a large scale, but they are investing billions of DKK in some arms companies to provide weapons for a serious humanitarian disaster such as the Yemen conflict.
He believes that pension customers in Denmark should not invest their money in such transactions. Visser also said that what is happening in Yemen is a disaster, but Danes’ pensions have been invested in companies that make money by selling explosives, bullets and other arms needed to sustain the war.
This behavior must be stopped. If things continue to go as they are now, millions of Danish pension customers actually It is helping the conflict in Yemen continue. In fact, few Danes want to get their pensions by sustaining the Yemeni conflict, according to Visser.
The Oxfam IBIS report also shows that Raytheon, a famous missile manufacturer in the United States, appeared prominently on the list of 21 companies that have received investment from Danish pension funds.
In the face of this series of accusations, the Danish pension fund Industryriens Pension said that it would not invest in companies that produce weapons such as mines and cluster bombs, and Raytheon met their requirements, and that the company would also “close attention to the conflict in Yemen Situation”.
According to Russian media reports, as early as 2018, the Danish government suspended military exports to Saudi Arabia and the United Arab Emirates.
In May this year, a Danish company was exposed to illegally export arms to the warring parties involved in the Yemen conflict. Jeppe Kofod, then Danish Foreign Minister, reiterated at that time that any equipment and arms that could be used in the Yemen conflict were prohibited from export from Denmark to those countries concerned.