As you’ll note, the list also includes Shikun & Binui Ltd., one of the largest construction and infrastructure companies in Israel, which is affiliated with the Shari Arison group. In June 2012, Shikun U’Binui was excluded from the Government Pension Fund of Norway (Europe’s largest equity investor) for its involvement in “the building of settlements in breach of international humanitarian law in East-Jerusalem.” In December 2012, it was excluded by the New Zealand Superannuation Fund on similar grounds. It so happens that Shikun & Binui is one of the greenest companies in the world, and is heavily involved in creating renewable energy and sewage treatment which benefits Jews and Arabs alike in Israel.
M. Colette Nies, a spokeswoman for the pension board, told the NY Times that the pension fund remained invested in “approximately 18 Israeli companies that meet our investment criteria.”
UMKR has prepared four divestment or investment screening resolutions for General Conference 2016, and here’s a peek at the next victims of that 2009 pack of lies:
“Divest from Caterpillar for Rejecting UN Guiding Principles, Supply Weapons.
Divest from Caterpillar, Motorola Solutions, and Hewlett Packard after Years of Corporate Engagement.
Establishing a Screen to Remove and Avoid Investments in Illegal Settlements on Occupied Land.
Remove from UM Investments Companies Producing Goods or Services in Illegal Settlements on Occupied Land.”
At these costs, it probably makes sense for Israel to annex the entire Judea and Samaria already, rather than pay for it in installments…