Author: Leen Preesman, Investment & Pensions Europe
PGGM, the asset management of the €98bn healthcare scheme PFZW, is in discussions with "a number" of international companies for being active in the occupied territories in Israel. The engagement process follows the UN Global Compact directive on...
Author: Walter Gibbs, Reuters
Norway excluded two Israeli firms from its $450 billion sovereign wealth fund…saying it would be unethical to invest in [Africa Israel Investments and Danya Cebus (part of Africa Israel)]…because they have helped build Israeli settlements on occupied...
Author: Maala - Business for Social Responsibility [Israel]
Maala Organization unveiled the "2010 Maala Index for Social Responsibility" at the Tel Aviv Stock Exchange...Most of the ranking data serve to indicate an increase in the number of companies participating in the index...growth in the number of...
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Author: Council on Ethics for the Norwegian Government Pension Fund Global
The Council on Ethics for the Norwegian Government’s Pension Fund Global…makes recommendations…on the potential exclusion of companies from the Pension Fund on the basis of acts or omissions that contravene the criteria in the Ethical Guidelines for...
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Author: Adri Nieuwhof, The Electronic Intifada
One of the largest Dutch pension funds [ABP] told The Electronic Intifada today that it is selling off its shares in Elbit. The wave of divestment follows campaigning by Palestinian organizations and international solidarity activists to divest from...
[PDF] Principles and Mechanisms to Hold Business Accountable for Human Rights Abuses: Potential Avenues to Challenge Corporate Involvement in Israel's Oppression of the Palestinian People
Author: Yasmine Gado, BADIL Resource Center
One of the most important legal challenges today is the battle to hold transnational corporations (TNCs) accountable for their involvement in human rights violations. Efforts are currently being made by a variety of actors in what is referred to as...
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- Related in-depth areas: Israel & Palestine Latest Legal News
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Author: Aasa Christine Stoltz & Wojciech Moskwa, Reuters
Norway's sovereign wealth fund has sold its stake in Israeli company Elbit Systems because it supplied surveillance equipment for the separation barrier in the West Bank. The $400 billion-plus…fund…has in the past ruled out investing in some two dozen...
- Related stories: Norway's sovereign fund divests from Elbit for "contributing to violations of humanitarian law" by supplying equipment for West Bank separation barrier
- Related in-depth areas: Israel & Palestine
- Related companies: Elbit Systems
Author: Council on Ethics, Norwegian Government Pension Fund - Global
The Council on Ethics recommends that the Israeli company Elbit Systems Ltd (“Elbit”) be excluded from the Government Pension Fund – Global. Elbit supplies a surveillance system that is part of the separation barrier being built by the Israeli...