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5 Jul 2021

Norway’s largest pension fund announces it has divested assets in 16 companies for their links to Israeli settlements in the West Bank, including telecom equipment giant Motorola.

“Motorola and other companies risk complicity in international law violations in occupied Palestine,” KLP, which manages some 95 billion dollars (80 billion euros) worth of assets, says in a statement.

The divestment follows the February 2020 UN publication of a list of 112 companies with activities linked to Israeli settlements, considered illegal under international law.

Israel’s government has denounced the publication of the list — which included companies like Airbnb, Expedia, Motorola and Tripadvisor — as a “contemptible effort.”

https://www.dailymail.co.uk/wires/afp/article-9756189/Norwegian-pension-fund-sells-groups-linked-Israeli-settlements.html