Europe’s Largest Pension Funds Heavily Invested in Illegal Israeli Settlements
Europe’s five largest pension funds have €7.5 billion invested in companies with business activities in and around illegal settlements in the occupied Palestinian territories. This is at odds with United Nations guidelines, clear warnings from 18 European countries, and undermines the two-state solution, experts warn.
BUSINESS ON OCCUPIED TERRITORY
- Chapter 1: Israeli Banks Finance Illegal Settlement Construction
Europe’s five largest pension funds have combined investments of €7.5 billion in companies with business activities in and around illegal settlements in the occupied Palestinian territories. This is at odds with United Nations guidelines, clear warnings from 18 European countries, and undermines the two-state solution, experts warn. Danwatch visited the West Bank including East Jerusalem.
Companies with activities in or around illegal Israeli settlements
36 publicly traded companies with economic activities in or around settlements, checkpoints, the separation wall or involved in extraction of natural resources in the occupied Palestinian territories - with investments from the five largest European pension funds.
Investment funds invest half a billion in Israeli settlements
Danish investment funds invest 689 million dkk. in companies with activities in the Israeli settlements on the West Bank, a new report from Danwatch shows.
The Municipality of Copenhagen continues investments in Israeli settlements
Despite critique, the Municipality of Copenhagen continues its investments in companies that contribute to the maintenance of the Israeli settlements in the West Bank, a new report from Danwatch shows.
ISS sells security company in Israeli settlements
The cleaning company ISS has sold its security company that until recently delivered security services to illegal settlements in the occupied West Bank.
G4S pulls out of Israeli Prisons
The security company G4S terminates its contracts with the Israeli prison services over a 3 year period. This decision is made in the wake of a DanWatch report from 2010 which discloses the company's contracts with Israeli prisons.
Danske Bank removes Bank Hapoalim from exclusion list
It made headlines around the world when Danske Bank in early 2014 excluded Israeli Bank Hapoalim from its investment portfolio over Hapoalim’s ties to Israeli settlements. Now, two years later, Danske Bank is ready to invest in Bank Hapoalim again. Danwatch has tried to find out why.
Tourism on stolen land
Danish travel agencies advertise trips to occupied territories as “to Israel”. This is against the Danish Marketing Act, says expert.