Norwegian Pension Fund Divests from Israeli Military Giant Elbit

http://www.alternativenews.org/english/2137-norwegian-pension-fund-divests-from-israeli-military-giant-elbit-supplier-of-surveillance-equipment-for-the-separation-barrier-in-the-west-bank-excluded-from-the-government-pension-fund-global.html
Date Written:  2009-09-03
Publisher:  Alternative Information Center
Year Published:  2009
Resource Type:  Article
Cx Number:  CX9496

The Norwegian Ministry of Finance has excluded the Israeli company Elbit Systems Ltd. from the Government Pension Fund - Global, on the basis of the Council on Ethics' recommendation. The Council on Ethics has found that investment in Elbit constitutes an unacceptable risk of contribution to serious violations of fundamental ethical norms as a result of the company's integral involvement in Israel's construction of a separation barrier on occupied territory.

Subject Headings

• Divestment
• Ethical Investment
• Israel
• Israel/Doing Business in
• Israel/Investing in
• Norway
• Sanctions