HEADQUARTERS
North Carolina, USA
publicly traded
YES
largest shareholders
Vanguard Fiduciary Trust Co. (9.2%)
Capital Research & Management Co. (International Investors) (8.2%)
BlackRock Advisors LLC (6.3%)
State Street Corporation (4.6%)
Merrill Lynch International (3%)
Victory Capital Management, Inc. (Investment Management) (2.4%)
Geode Capital Management LLC (2.2%)
BlackRock Life Ltd. (1.7%)
Eaton Vance Management (1.5%)
operations
USA
total assets
£408.17 billion
financing overview
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climate crisis
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genocide in Gaza
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controversial weapons
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Migrant abuse
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£50,293,520,000
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£266,000,000
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£623,200,000
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£120,000,000
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#19 Financier of fossil fuel companies in 2024
Holdings in 337 companies involved in the production of fossil fuels |
Creditor to multiple companies heavily complicit in the ongoing genocide in Gaza
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Provided significant financial services to nuclear weapons companies through the indirect means of loans and underwriting
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Company highlights and involvement
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company involved
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funding
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climate crisis
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gaza genocide
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cont. weapons
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migrant abuse
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ENBRIDGE
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£2.2bn
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VISTRA OPERATIONS
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£812m
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BOEING
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£146m
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GENERAL DYNAMICS
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£120m
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HUNTINGTON INGALLS
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£123m
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JACOBS SOLUTIONS
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£120m
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L3HARRIS
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£114m
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Fossil fuel companies bankrolling the climate crisis
Funded: £2.2BN
CLIMATE CRISIS
Enbridge is a multinational pipeline and energy company. The company was responsible for one of the largest inland oil spills in United States history when over 1 million US gallons of crude oil contaminated the Kalamazoo River in 2010. Activists have criticized Enbridge for its lack of accountability regarding the incident.Since the 2010 spill, the construction of Enbridge’s pipelines has faced significant local resistance. Enbridge has funded police departments in the areas through which its pipelines run, which has coincided with the arrests of thousands of activists in states such as Minnesota.
Funded: £812m
CLIMATE CRISIS
Vistra corp is a subsidiary of Vistra operations, which generates electricity. In 2024 Vistra operations was ranked as the highest polluter in the United States, producing 1.5 of the country’s greenhouse gas emissions, by the Political Economy Research Institute (PERI).
Weapons Companies bankrolling the Gaza Genocide and Cont. Weapons
Funded: £146M
controversial weapons
gaza genocide
Boeing is not only a global aerospace giant but also a pivotal enabler of the Israeli genocide of Palestinians. The company has supplied Israel with vast quantities of advanced weaponry, notably its Joint Direct Attack Munition kits, which convert unguided bombs into precision-guided munitions. These Boeing-manufactured weapons have been linked to numerous deadly attacks on densely populated civilian areas, in what Amnesty International and other human rights organisations have condemned as potential war crimes. Boeing’s Apache attack helicopters and F-15 fighter jets have also played a central role in Israeli military campaigns, further amplifying the scale and lethality of operations in Gaza.
Beyond its role in conventional warfare, Boeing is a key contractor in the U.S. nuclear weapons program, maintaining and supporting the guidance systems for Minuteman III intercontinental ballistic missiles, which are central to the U.S. nuclear arsenal. This dual role—supplying both conventional and nuclear arsenals—places Boeing at the heart of global military-industrial power, with its products implicated in both genocide and the ongoing threat of nuclear escalation.
Case study: Joint Direct Attack Munitions used on Palestinians
- Deir al-Balah, Gaza
- Owner: Boeing
On 10 and 22 October 2023, two Israeli air strikes—using Boeing-manufactured Joint Direct Attack Munitions —killed 43 civilians, including 19 children, in Deir al-Balah, Gaza. Amnesty International’s forensic analysis confirmed Boeing’s JDAM fragments and manufacturing codes in the rubble of destroyed homes, where survivors reported no prior warning. The attacks, lacking any apparent military objective, obliterated families and left survivors in shock.
US-made weapons facilitated the mass killings of extended families
Funded: £114m
gaza genocide
controversial weapons
L3Harris Technologies is deeply embedded in the global arms trade and plays a pivotal role in equipping Israel’s military with advanced, highly destructive technology. As the world’s ninth largest weapons manufacturer, L3Harris produces over 1,600 components for the F-35 fighter jet—Israel’s primary weapon in its relentless bombardment of Gaza, responsible for widespread civilian casualties and devastation. The company’s systems are also integral to Israel’s Sa’ar-class warships, which enforce the illegal naval blockade, strangling Gaza’s access to essential goods and humanitarian aid. L3Harris is a key supplier of guidance kits and bomb components used in the precision-guided munitions that have levelled entire neighbourhoods and targeted civilian infrastructure in Gaza.
Beyond conventional arms, L3Harris contributes to the US and UK’s nuclear weapons programmes, supplying components for the Trident II ballistic missiles and participating in the Sentinel nuclear missile modernisation through Northrop Grumman.
Funded: £120m
migrant abuse
controversial weapons
Jacobs Solutions, previously known as “Jacobs Engineering”, is a U.S. based company that provides consulting, technical, scientific and project delivery services for the government and private sector. Jacobs Engineering completed its acquisition of another nuclear weapon component producer, CH2M Hill, in 2017. On 20 November 2023, Jacobs announced a definitive agreement to spin-off and combine its Critical Mission Solutions and Cyber & Intelligence government services businesses with Amentum, a private equity-owned U.S. government services company involved in the management and operation of the Lawrence Livermore National Laboratory and the Los Alamos National Laboratory. In the financial year ending 27 September 2022, Jacobs generated revenues of $14.9 billion.
38 construction workers from the Philippines filed a complaint against the U.S. companies Jacobs Solutions and CH2M Hill and their subsidiaries (collectively, “Defendants”) for allegedly managing construction projects that used trafficked and forced labor. The plaintiffs worked on stadiums built for the FIFA 2022 World Cup in Qatar, where they … allege they were trafficked and then forced to work…
Plaintiffs claim Defendants managed and oversaw a construction venture that subjected them to inhumane working and living conditions and abuse, including by misrepresenting the terms of their employment in Qatar, forcing Plaintiffs to work inhumane hours and forcing them to live in inhumane conditions, and/or underpaying them or denying them payment for their work. The Plaintiffs also allege Defendants confiscated their passports, trapping them in Qatar, and forcing them to continue to work in violation of the U.S. Trafficking Victims Protection Reauthorization Act.
Funded: £120M
gaza genocide
CONTROVERSIAL WEAPONS
General Dynamics, a cornerstone of the global arms industry, stands as a primary architect of destruction, arming conflicts worldwide, including the genocidal campaign in Gaza. The company is a key supplier of devastating weaponry to Israel, notably the MK-84 bombs—weapons of immense destructive power notoriously unleashed in densely populated areas. By November 2023, over 500 such bombs, courtesy of General Dynamics, had reportedly been dropped in Northern Gaza.
Beyond its direct role in current atrocities, General Dynamics distinguishes itself through involvement in three categories of controversial weapons. It holds licences for depleted uranium, primarily for its M1 Abrams tank systems, and produces components that can facilitate the deployment of abhorrent white phosphorus munitions. Furthermore, the company is a critical subcontractor on the Sentinel programme, contributing to the chilling modernisation of nuclear weapons.
Case study: Jabalya Refugee Camp Bombing
On 31 October 2023, Israeli forces dropped US-made MK-84 bombs—manufactured by General Dynamics—on the densely populated Jabalya refugee camp in northern Gaza. The strike obliterated residential buildings and left a scene of devastation, with more than 120 people killed, the majority women and children, and hundreds more wounded or missing beneath the rubble. The attack, which Israel claimed targeted a Hamas commander, was widely condemned and is cited as a potential war crime, highlighting the lethal consequences of exporting powerful munitions to conflict zones.
I was waiting in line to buy bread when suddenly and without any prior warning seven to eight missiles fell. There were seven to eight huge holes in the ground, full of killed people, body parts all over the place, it felt like the end of the world.
Funded: £123m
controversial weapons
As a key subcontractor for Triad National Security, Huntington Ingalls Industries plays a shadowy yet pivotal role in America’s nuclear weapons complex, directly enabling the production of plutonium pits—the deadly cores of thermonuclear warheads. The company’s expertise in “pit production and plutonium manufacturing” makes it a critical enabler of the US government’s reckless nuclear expansion, including its controversial $1.7 trillion programme to modernise its arsenal. Huntington Ingalls fuels the machinery of global annihilation, helping to build weapons capable of ending civilisation in minutes; underscoring its profit-driven complicity in a system that perpetuates existential risk for generations.