NZ Super Fund cuts firms on ethical grounds

  The New Zealand Superannuation Fund has excluded three companies from its $20 billion investment portfolio on responsible investment grounds. All three companies – Africa Israel investments and subsidiary Danya Cebus, Elbit Systems Ltd, and Shikun Binui – are involved in constructing Israeli settlements or a separation barrier in the Occupied Palestinian Territories, which have […]

Deutsche Bank: “We are out of Elbit”

Occupied Palestine – Germany’s biggest bank Deutsche Bank has divested the bank’s 2% stake in Elbit Systems, an Israeli arms company that supplies the Israeli military and provides components for the Apartheid Wall in Occupied Palestinian Territory that was found to be in violation of international law by the International Court of Justice.[i] The announcement […]