Boycott, Divestment, Sanctions (BDS) is a Palestinian-led movement for freedom, justice and equality. BDS upholds the simple principle that Palestinians are entitled to the same rights as the rest of humanity.
French multinational insurance giant AXA currently holds shares worth US$ 15.5M in four Israeli banks that finance Israel’s illegal settlements according to the recently launched, second #DontBuyIntoOccupation report. In total, AXA invests US$ 957M in companies directly involved in Israel’s illegal settlement enterprise in the occupied Palestinian territory, including East Jerusalem.
On eve of AXA’s annual general meeting (AGM), United Nations Special Rapporteur on human rights in the Occupied Palestinian Territory, Michael Lynk, called on the French insurance giant to fully divest from Israeli banks while activists gathered in several cities across Europe raising the same demand.