Medical experts consider American gun violence a public health crisis that should garner the same attention and action as any other viral epidemic. Americans own more guns per capita than citizens of any other nation. However, the American arms industry is strong, and the lobby that protects it is stronger still: Heavy lobbying from the National Rifle Association (NRA) and gun companies has stymied congressional efforts to regulate guns or their sale. As a result, little has been done to increase protections for American citizens, who are ten times more likely to be killed by guns than individuals in other highly developed nations. Beyond US borders, defense corporations contribute to global violence by developing large scale weapons and weaponizable technologies (such as unmanned aircrafts) that are purchased by both US and foreign governments. Researchers estimate that American companies are responsible for 34% of all global arms sales, or the majority of a $100 billion global industry, and those sales can be traced to humanitarian crises in the Middle East and Africa.
Various consumer and industry reports show how much of a company’s revenue comes from the sales of weapons, weaponizable technologies and ammunition. If you select this cause, OpenInvest divests you from all companies who derive more than 5% of their revenues from the sales of weapons or ammunition.