The major Dutch pension fund Pensioenfonds Zorg en Welzijn (PFZW), which has investments totaling 97 billion euros, has informed The Electronic Intifada that it has divested from almost all the Israeli companies in its portfolio.
PGGM, the manager of the major Dutch pension fund PFZW, has adopted a new guideline for socially responsible investment in companies which operate in conflict zones.
In addition, PFZM has also entered into discussions with Motorola, Veolia and Alstom to raise its concerns about human rights issues. All three companies have actively supported and profited from Israel’s occupation of the West Bank (including East Jerusalem) and the Gaza Strip.
9/13/2011 Via Mondoweiss: The Presbyterian Church (USA)’s Committee on Mission Responsibility Through Investment has recommended that the church divest from Caterpillar, Hewlett-Packard, and Motorola Solutions due to their relationship to Israeli human rights abuses in Read more…