BDS Day of Action victory!

http://www.dn.se/ekonomi/ap-fonder-ratar-israeliskt-bolag-1.1069483

Swedish Pension Funds exclude Elbit

The First, Second, Third and Fourth National Pension Fund (AP1, AP2, AP3 and AP4) have decided to exclude the Israeli defense company Elbit Systems from their investments.

The dialogue of the AP funds joint Ethical Council with Elbit Systems has not produced the desired results, according to a press release.

The reason that Elbit Systems, are rejected is that the company delivered a monitoring system to parts of the barrier built on West Bank.

In this way the company, “is connected to the violation of fundamental norms and conventions”, according to Ethics Council,

Despite repeated requests, Elbit Systems has refused to comment on the matter, said Ethics Council.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s