“Unfortunately, the purpose of arms is not just to provide a deterrent. They can destroy military infrastructure and incapacitate enemy combatants. But they also maim and kill non-combatant civilians, destroy civilian infrastructure, and release toxic chemicals into the air and water supply. Any argument for investing in weapons manufacturing must contend with this.”

[COMMENTARY] This is a thoughtful article arguing that investing in defence stocks is rarely warranted for ESG (ethical) investors. Read the article and then answer the question: do you agree?
Why defence is not a justified ESG position, by Neville White and Alan Whittle, October 15, 2026, FT Advisor, UK.