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ubs decision to include arms manufacturers sparks sustainability debate
UBS has decided to remove arms manufacturers from its sustainability funds' exclusion list, allowing investments in companies that produce conventional weapons. This controversial move has sparked criticism from various stakeholders, including the Ethos investment foundation, which argues it sends the "wrong signal" amid current geopolitical tensions. The decision aligns with recent regulatory changes in Europe and the UK, but raises questions about the true sustainability of such investments.
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