hide message

Welcome to the Resource Centre

We make it our mission to work with advocates in civil society, business and government to address inequalities of power, seek remedy for abuse, and ensure protection of people and planet.

Both companies and impacted communities thank us for the resources and support we provide.

This is only possible because of your support. Please make a donation today.

Thank you,
Phil Bloomer, Executive Director

Donate now hide message

You are being redirected to the story the piece of content is found in so you can read it in context. Please click the following link if you are not automatically redirected within a couple seconds:

Norway oil fund excludes 2 Israeli companies

Author: Walter Gibbs, Reuters, Published on: 23 August 2010

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 Palestinian land…Norway's Ministry of Finance also said it would no longer invest in Malaysian forestry company Samling Global…because of some of its logging activities…Aslak Sckanke, senior adviser to the Norwegian wealth fund's Council on Ethics…"In no way is there a boycott of Israeli firms," he said. "[…]We look at what companies do, not where they are from." A spokesman for Africa Israel said the company was no longer building West Bank settlements…Samling Global could not be immediately reached for comment [also refers to Elbit Systems]

Read the full post here

Related companies: Africa Israel Elbit Systems Samling