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Updating the Resource Centre Digital Platform

The Business & Human Rights Resource Centre is at a critical point in its development. Our digital platform is home to a wealth of information on business and human rights, but hasn’t had a visual refresh for a number of years.

We will soon be updating the site to improve its usability and better serve the thousands of people that use our site to support their work.

Please take an advance peek at our new look, and let us know what you think!

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Alex Guy, Digital Officer

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AXA responds to HRW's report

Author: AXA Group, Published on: 10 October 2017

AXA is not present and does not do business in the occupied territories. As regards the investments in Bank Leumi, Hapoalim and Mizrahi Tefahot: these are non-controlling, minority investments, that account for a very small fraction (less than 0,1%) of AXA Group's assets under management. Furthermore, we would like to clarify that over 99% of AXA Group’s investments in the three above-mentioned banks are undertaken on behalf of third-party clients via AB Global, a US asset manager listed on the NY Stock Exchange. As a consequence, and given AB Global's fiduciary duty toward their clients, we do not have the legal possibility to impose on them non-financial investment guidelines. Finally, as part of our responsible investment policy we reviewed again our investments in the Israeli banking sector early 2017. After a careful and thorough examination of the situation, taking into account UN Resolution 2334 and the nature of activities of the three Israeli banks, we concluded that these companies do not fall within the exclusion framework of our investment policy.

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This is a response from the following companies: AXA