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Norway's Sovereign Wealth Fund Weighs Divestment From Companies Complicit in Israeli Crimes

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Caterpillar,Gaza,General Dynamics

Brett Wilkins is a staff writer for Common Dreams.

Norway's $1.76 trillion sovereign wealth fund—the world's largest—could soon be forced to divest from companies including linchpins of the U.S. military-industrial complex due to updated ethics standards for businesses complicit in Israeli human rights violations in occupied Palestine.

Under its previous policy, the fund divested from nine companies operating in the occupied West Bank. Targeted businesses build homes and roads in illegal Israeli settler colonies, as well as provide surveillance systems for the Israeli separation wall, often called the 'apartheid wall,' along the Green Line boundary and inside parts of the West Bank.

 

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Norway wealth fund may divest companies that aid Israel in Gaza war, occupied territoriesNorway's $1.7 trillion wealth fund may have to divest shares of companies that violate the fund watchdog's new, tougher interpretation of ethics standards.
Bron: CNBC - 🏆 12. / 72 Lees verder »