7-6-2020 Biggest Dutch pension fund dumps Israeli banks - Adri Nieuwhof Electronic intifada


https://electronicintifada.net/blogs/adri-nieuwhof/biggest-dutch-pension-fund-dumps-israeli-banks

 

Dutch pension fund ABP announced last month that it has stopped investing in two Israeli banks involved in Israel's violent colonization of the occupied West Bank. ABP is the biggest pension fund in the Netherlands, and one of the world's largest, with about $500 billion in assets. It says it wants its investments to "contribute to a sustainable world."In areas where there is an increased risk of human rights violations, like the West Bank, ABP requires companies it invests in to have in place a human rights policy. Not only do Israel's Bank Hapoalim and Bank Leumi have no such policy, but both are heavily involved in building settlements on occupied Palestinian land…

Posted by Judith Ferster, Voices for Justice in Palestine member

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