Allianz GI lifts ban on defence stocks in ESG push

Allianz Global Investors. Foto: IO.
Foto: IO.
As Europe boosts defence spending and investors adapt to geopolitical uncertainty, Allianz Global Investors has adjusted its sustainability criteria to include certain defence-related investments. Firms with more than 10 percent of their turnover from defence equipment and those that produce nuclear weapons now are considered eligible.
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