Wednesday, May 20, 2009

Israeli groups call for divestment from occupation

Great news for the cause of morally responsible investment!

A number of Israeli organizations have called on the Norwegian government to divest its pension fund from companies that profit from the Israeli occupation. The groups include Zochrot, Mossawa, the Coalition of Women for Peace, and Machsom Watch. Their letter to the Norwegian government includes a list of companies identified by the Coalition of Women for Peace as profiting from the occupation of Palestinian land either through the construction of settlements, operating on confiscated Palestinian land, or supplying the Israeli military with equipment to support the occupation.

Companies listed include Alsom and Veolia (France), which are involved in the illegal settlement light rail that runs directly in front of the Sabeel office; Assa Abloy (Sweden), which operates an Israeli subsidiary in the West Bank; Unilever (the Netherlands), which also operates an Israeli subsidiary in a West Bank settlement); Caterpillar (USA), whose bulldozers are used to destroy Palestinian houses, uproot olive and fruit trees, and build the Apartheid Wall; and Elbit, an Israeli company that is involved in both the Wall in the West Bank and the wall being built on the southern border of the United States.

The full letter is available here; check it out!

No comments: