TOKYO -- Japanese air conditioner giant Daikin Industries will stop manufacturing white phosphorus rounds for the Japan Self-Defense Forces, amid pressure from investors over humanitarian concerns about the smoke-producing munitions.
ESG
Daikin to stop making white phosphorus shells under investor pressure
Some European funds avoid companies with significant defense-related sales
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Japan's Self-Defense Forces use white phosphorus rounds to create smoke screens during exercises. © Kyodo
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