The Co-operative Asset Management, owned by the Co-Ooperative Group, has confirmed that it has ditched its investment in G4S. The Co-Op owned shares in the British-Danish company through the NCH Pumpkin Fund. Andy Hammerton, Public Relations Manager at the Co-Op told Corporate Watch that these had been divested in Summer 2012. Continue reading
Jimmy Russo, the Company Chairman of EDOM, has told Corporate Watch that he plans to “resign” from his chairmanship and “actively seek to sell” his 20% shareholding in the Israeli company. His announcement was in reply to questions about new evidence found by Corporate Watch that EDOM UK, the Israeli company (despite the misleading name), is packaging cherry tomatoes in the Israeli settlement of Beit Ha’arava in the occupied Jordan Valley.
EDOM branded products are sold in Sainsburys stores in the UK
EDOM UK cherry tomatoes acquired from a packing house in the illegal settlement of Beit Ha’arava – Photo taken by Corporate Watch researchers February 2013
Packing house being used to package EDOM UK cherry tomatoes – the signs on the outside say Agrexco and Hadiklaim – photo taken by Corporate Watch 4th January 2013
Back in 2010 Corporate Watch urged Russo to divest his shares. We wrote:
“To continue to maintain shares in EDOM is to ignore the suffering of those who have lived their entire lives under Israeli apartheid and occupation. The only way to remain ethical in this context is to divest.”
Russo, who is also the director of British company Valley Grown Salads (VGS), made the following “commitments” on 7th February 2013:
“1. I will confirm that I will resign as [EDOM] company chairman with immediate effect as I do not want my company, VGS receiving this constant harassment every year and being involved in political situations which are totally out of my control.
2. I will actively seek to sell my 20% stake holding in the company as the aggravation for no reward is not worth continuing with.”
Russo confirms that VGS will not source goods from the West Bank in the future but says that the company will continue sourcing from EDOM and other companies in Israel.
Russo also pledged to answer questions put to VGS by Corporate Watch and other media outlets.
Corporate Watch has contacted EDOM but has not received a reply. Continue reading
Posted in Agriculture, Corporate Watch Research Blogs
Tagged Agrexco, Agriculture, Beit Ha'arava, British companies with relationships with Israeli companies, Chosen Agricultural Produce, divestment, EDOM, Edom UK, Glinwell, Hadiklaim, Israeli Companies, Jimmy Russo, Jordan Valley, Magnolia Holdings, Mislabelling, Russia, Tesco, Tomatoes, UK
The family of a woman who was crushed to death by a Caterpillar D9 bulldozer in 2003 have called for divestment from companies complicit in Israels occupation. The family have asked supporters in the US to pressure investment firm TIAA-CREF to divest from Caterpillar and other companies.
The call can be read here – http://rachelcorriefoundation.org/blog/2012/08/10/call-to-action-mark-the-verdict-in-the-corrie-civil-case-in-israel-august-28th Continue reading
Campaigners for an academic/institutional boycott of Israel may be interested to know that Oxford University receives sponsorship from a philanthropic organisation close to the Israeli state. One course at Oxford, ‘Tradition and its Discontents; Ruptures in the Abrahamic Religions’, is sponsored by Yad Hanadiv, which acts in Israel on behalf of a number of Rothschild family philanthropic trusts. Projects of Yad Hanadiiv have included the building of the Israeli Knesset and the Israeli Supreme Court.
Palestinian academics and intellectuals have called upon the international community to comprehensively and consistently boycott all Israeli academic and cultural institutions as a contribution to the struggle to end Israel’s occupation, colonization and system of apartheid (read more here)
The Universities Superannuation Scheme (USS) is a pension fund in the United Kingdom. Its members include staff in United Kingdom universities, mainly those that were universities prior to 1992. (Staff in the post-1992 universities are mostly members of the Teachers Pension Scheme.) USS claims to be “the second largest pension scheme in the UK by fund size”.1 Continue reading
The North Yorkshire Pension fund is invested in by dozens of UK employers. They include local councils, universites and charities. A full list of employers investing in the fund can be found here
The following is a list of companies which the fund invest in that are complicit in Israeli apartheid, militarism and occupation, companies who operate in Israel, sell Israeli goods or invest in an of the above.
This is not a divestment list, simply a guide for campaigners hoping to put pressure on the fund
Overview: Corporate Watch carried out research, using the Freedom of Information act, into several universities investments, procurement of service providers and joint projects. The aim was to examine whether the BDS movement should target British universities links with Israeli universities, investment in companies complicit in Israeli apartheid, militarism and occupation or procurement of services from complicit firms.
The following is a list of:
- the university’s collaborations with Israeli companies and universities
- investment in or procurement from Israeli settler companies, Israeli companies, companies selling arms to Israel, companies selling Israeli goods, companies with assets or investments in Israel, companies with significant investments in any of the above.
This is not a ‘boycott list’, simply a guide for campaigners considering launching divestment campaigns against the university. Campaigners may wish to cherrypick companies for divestment who, for example, are directly involved in Israeli settlements or aiding Israeli militarism.
The list has been compiled with the boycott call from the Palestinian Academic Boycott Initiative (PACBI) in mind, here is an excerpt from the call:
“We, Palestinian academics and intellectuals, call upon our colleagues in the international community to comprehensively and consistently boycott all Israeli academic and cultural institutions as a contribution to the struggle to end Israel’s occupation, colonization and system of apartheid, by applying the following:
- Refrain from participation in any form of academic and cultural cooperation, collaboration or joint projects with Israeli institutions;
- Advocate a comprehensive boycott of Israeli institutions at the national and international levels, including suspension of all forms of funding and subsidies to these institutions;
- Promote divestment and disinvestment from Israel by international academic institutions…”
Israeli companies profiting from the occupation of Palestine are increasingly subject to blacklisting and divestment due to the growing pressure exerted boycott, divestment and sanctions (BDS) movement. The movement of Palestinian organisations and solidarity activists pushes for divestment from Israeli companies involved in and profiting from the occupation and in recent months has seen millions of dollars withdrawn from Israeli companies, in particular Israeli military contractor Elbit Systems, a company involved in the construction of the apartheid wall and connected to the manufacture of unmanned aerial vehicles (UAVs) , or drones. Continue reading