Sign on fence in front of a lawn that says Disclose Divest Gaza solidarity encampment

Universities and all institutions should withdraw their support of Israeli human rights violations, war crimes, and crimes against humanity.

As part of their public commitment, universities should:

  1. Adopt an Investment Policy Statement with a commitment to divest from companies that consistently, knowingly, and directly facilitate and enable human rights violations and violations of international law as part of prolonged military occupations, apartheid, and genocide.
  2. Commit to a process with a reasonable timeline for implementing the new policy.
  3. Report on the implementation periodically to a committee with student, faculty, and community representation.

An ethical Investment Policy Statement is an aspirational document, but it has an immediate impact on public opinion, decision makers, and the corporations highlighted. To implement it, universities should:

  1. Sell direct investments in stocks or bonds of companies highlighted for divestment for their ongoing complicity in Israeli human rights violations.
  2. Engage with investment managers to identify or create pooled funds that comply with the new policy.
  3. Create a process to periodically review investments and better align them with the policy.

The Divestment List

This list included publicly traded companies that consistently, knowingly, and directly facilitate and enable human rights violations and violations of international law as part of Israel’s prolonged military occupations, apartheid, and genocide.

Find a 1-page PDF version here.

Companies marked with (*) are specifically complicit in the Gaza genocide.

Weapons Manufacturers

*BAE Systems PLC (LSE: BA.)
*Boeing Co (NYSE: BA)
Cadre Holdings Inc (NYSE: CDRE)
*Colt CZ Group SE (PSE: CZG)
*Elbit Systems Ltd (TASE & NASDAQ: ESLT)
Genasys Inc (NASDAQ: GNSS)
*General Dynamics Corp (NYSE: GD)
*General Electric Co (NYSE: GE)
*L3Harris Technologies Inc (NYSE: LHX)
*Leonardo SpA (MIL: LDO)
*Lockheed Martin Corp (NYSE: LMT)
*Northrop Grumman Corp (NYSE: NOC)
*RENK Group AG (XMUN: R3NK)
*Rolls-Royce Holdings PLC (LSE: RR.)
*RTX Corp (NYSE: RTX)
Sturm Ruger & Co Inc (NYSE: RGR)
*Textron Inc (NYSE: TXT)
*thyssenkrupp AG (ETR: TKA)
 

Other US Companies

*Caterpillar Inc (NYSE: CAT)
Chevron Corp (NYSE: CVX)
Genie Energy Ltd (NYSE: GNE)
Motorola Solutions Inc (NYSE: MSI)
*Palantir Technologies Inc (NYSE: PLTR)
*Valero Energy Corp (NYSE: VLO)
 

Other Non-Israeli Companies

Cemex SAB de CV (MEX: CEMEXCPO)
Alstom SA (PAR: ALO)
Fosun International Ltd (HKG: 656)
Heidelberg Materials AG (ETR: HEI)
Kardan NV (TASE: KRNV-M)
Primo Water Corp (TSX: PRMW)
Shunfeng International Clean Energy Ltd (HKG: 1165)
 

Other Israeli Companies

Alony-Hetz Properties & Investments Ltd (TASE: ALHE)
Amir Marketing & Investments In Agriculture Ltd (TASE: AMRK)
Ashtrom Group Ltd (TASE: ASHG)
B Communications Ltd (TASE: BCOM)
Bank Hapoalim BM (TASE: POLI)
Bank Leumi Le-Israel BM (TASE: LUMI)
Bank of Jerusalem Ltd (TASE: JBNK)
Bezeq The Israeli Telecommunication Corp Ltd (TASE: BEZQ)
C Mer Industries Ltd (TASE: CMER)
Cellcom Israel Ltd (TASE: CEL)
Danya Cebus Ltd (TASE: DNYA)
Delek Group Ltd (TASE: DLEKG)
Delta Galil Industries Ltd (TASE: DELG)
Delta Israel Brands Ltd (TASE: DLTI)
Dor Alon Energy In Israel (TASE: DRAL)
Elco Ltd (TASE: ELCO)
Electra Ltd (TASE: ELTR)
Energix-Renewable Energies Ltd (TASE: ENRG)
Export Investment Corp Ltd (TASE: EXPO)
F I B I Holding Ltd (TASE: FIBIH)
First International Bank of Israel Ltd (TASE: FIBI)
Formula Systems (1985) Ltd (NASDAQ: FORTY)
G1 Secure Solutions Ltd (TASE: GOSS)
Internet Gold-Golden Lines Ltd (TASE: IGLD-M)
Israel Discount Bank Ltd (TASE: DSCT)
Lapidoth Capital Ltd (TASE: LAPD)
Lesico Ltd (TASE: LSCO)
Mega Or Holdings Ltd (TASE: MGOR)
Meshulam Levinstein Contracting & Engineering Ltd (TASE: LEVI)
Mivne Real Estate (K.D) Ltd (TASE: MVNE)
Mizrahi Tefahot Bank Ltd (TASE: MZTF)
Mordechai Aviv Taasiot Beniyah (1973) Ltd (TASE: AVIV)
Oron Group Investments & Holdings Ltd (TASE: ORON)
Partner Communications Co Ltd (NASDAQ: PTNR)
*Paz Oil Co Ltd (TASE: PZOL)
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd (TASE: RMLI)
Rotshtein Realestate Ltd (TASE: ROTS)
Salomon A. Angel Ltd (TASE: ANGL)
Senstar Technologies Corp (NASDAQ: SNT)
Shikun & Binui Ltd (TASE: SKBN)
Shufersal Ltd (TASE: SAE)
Themis GREN Ltd (TASE: TMIS)
Tigbur- Temporary Professional Personnel Ltd (TASE: TIGBUR)
Z M H Hammerman Ltd (TASE: ZMH)

Methodology

This list represents a subset of our broader divestment list, which we publish on the Investigate website. In addition to the Israeli occupation, Investigate includes companies involved in mass incarceration, border militarization, and immigrant deportation in the U.S.

Our research on corporate involvement in the occupation relies heavily on information published by Who Profits. We conduct our own independent research to supplement and update the information from Who Profits.

We conduct further analysis to create our divestment recommendation, taking into account multiple factors that are explained on the Investigate divestment methodology page. Our divestment criteria include, for example, the degree to which the company is complicit. If the Israeli government buys off-the-shelf non-militarized products and uses them in harmful ways, the company making these products would likely not be on our divestment list. We also factor in the likelihood a company will change its policies and practices, and would not recommend divesting from companies that might change as a result of investor engagement or grassroots campaigns.

Scan Your Investments

You do not need to know anything about your university's current investments to accomplish the above goals. That information would come in handy at the phase of implementing the new Investment Policy Statement.

However:

If you have a list of holdings (PDF, Excel...), upload it on the Investigate homepage, and it will flag the companies on our divestment list.

If the list includes mutual funds, chances are we've already screened them. Search for them on the Investigate homepage (under "lookup a fund") or in this complete list of funds included in our analysis.

If the mutual fund is not included in our analysis, try to find its list of holdings and then upload it as a file on the Investigate homepage. Or contact us for help.