The New York Times, in a video report published on its website, has brought attention to the production of bombs by RWM Italia S.p.A. in Sardinia and exported to Saudi Arabia. It is more than likely that the country ruled by the Emirs has used these weapons in its ongoing war against Yemen, waged without any legitimacy from the point of view of international law, in coalition with the UAE, Egypt, Kuwait, Qatar and Bahrain.
But what is RWM Italia S.p.A., or, better put—whose is it? When it comes to corporate responsibility, particularly regarding companies in the defense sector, it is crucial to ask this question.
The Fondazione Finanza Etica (Ethical Finance Foundation), together with the Rete Italiana per il Disarmo (Italian Network for Disarmament) and the German NGO Urgewald, decided to pose this question, and on May 9 became involved in an operation of critical shareholding, acquiring a minimum of shares and thus making use of the rights available to each shareholder at the general shareholders’ meeting of Rheinmetall AG, a German company founded in 1889, now an industrial group spanning two sectors: Rheinmetall Defence and Rheinmetall Automotive.