#PolyPod: Nuclear weapons and financial risk. Rethinking investment exposure in an age of escalation

As geopolitical tensions rise, how does the nuclear arms race reshape global financial risk? What exposure do asset managers and investors really have to the nuclear weapons industry? And can finance play a role in reducing reliance on the world’s most destructive weapons?

Listen to the conversation between:

• Luke Kemp, author and research associate, Centre for the Study of Existential Risk, University of Cambridge
• Grethe Lauglo Østern, acting head, Policy Section, Norwegian People’s Aid and editor, Nuclear Weapons Ban Monitor
• Stian Ueland, portfolio manager, DNB European Defence
• Karolina Malisauskaite, responsible investments analyst, KLP Kapitalforvaltning
• Therese Nordhus Lien, nuclear weapons senior advisor, Norwegian People’s Aid

In this episode, you will learn how investments linked to the nuclear weapons industry can expose investors and financial institutions to long-term instability, regulatory scrutiny, and reputational damage and what responsible investment means in a renewed nuclear age.

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