These states and others began discussing Ben & Jerry's divestment options after the company announced on July 19 it would no longer sell products in areas the company referred to as"Occupied Palestinian Territory" because doing so would be"inconsistent" with the company's values.
"We have a longstanding partnership with our licensee, who manufactures Ben & Jerry's ice cream in Israel and distributes it in the region. We have been working to change this, and so we have informed our licensee that we will not renew the license agreement when it expires at the end of next year," the company's statement said.
"Although Ben & Jerry's will no longer be sold in the OPT, we will stay in Israel through a different arrangement," the statement continued, adding that further details on that new process would be forthcoming. According to the Texas statutes covering divestments of companies on the state's Israel boycott list, the state government is to notify Ben & Jerry's and Unilever of the companies' inclusion to warn them they"may become subject to divestment by state governmental entities." Within 90 days of that notification,"the company must cease boycotting Israel in order to avoid qualifying for divestment by state governmental entities," the statute says.
Ben & Jerry's and Unilever could be removed from the Texas list if they change their positions before the state's deadline, but they could also be added again at a later date if the state determines they requalify.Contacted Thursday about Hegar's announcement, Ben & Jerry's directedreached out to Unilever for comment but did not receive a response in time for publication.
Learn the truth about the vaccines. It’s all on my Twitter page. ⚡️
I’m sure Ben and jerry don’t give a sh8t about Texans
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Forbes - 🏆 394. / 53 Read more »