Denmark's third largest pension fund excludes four companies from its portfolio, citing their investments in illegal Israeli settlements. The four companies are all companies targeted by the BDS movement.
Europe’s five largest pension funds have €7.5 billion invested in companies with business activities in and around illegal settlements in the occupied Palestinian territories. This is at odds with United Nations guidelines, clear warnings from 18 European countries, and undermines the two-state solution, experts warn.
Norwegian People’s Aid (NPA) and the Norwegian Union of Municipal and General Employees (NUMGE) applaud Nordea’s decision to exclude Cemex from its investment portfolio due to the company’s extraction of non-renewable natural resources from occupied Palestinian territory