Ethical Investment: Norway's Fund Divests from Companies Linked to Gaza Conflicts

Norway's sovereign wealth fund withdraws from Caterpillar and five Israeli banks over ethical concerns Ethics committee found companies involved in human rights abuses in conflict zones Caterpillar's bulldozers used in activities breaching humanitarian standards in Gaza and West Bank Israeli banks supported settlement construction via financial services Fund owns $2.1 billion in Caterpillar (1.17%) and $661 million in five Israeli banks Companies didn't prevent equipment misuse Divestment reduces Israeli companies under supervision and reflects ethical investment commitment.
2 months ago
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