Friends Fiduciary Corporation divests from companies working in Israel

Old news but worth repeating so many know. From The Times of Israel (October 2012)

JTA – A Quaker group has removed a French and an American company from its financial portfolio due to what it calls the companies’ involvement in Israel’s occupation of Palestinian lands.

Friends Fiduciary Corporation will drop the French multinational corporation Veolia Environment and the US-based Hewlett-Packard from its portfolio following requests from Quakers concerned about the companies’ involvement in the Israeli military occupation of Palestinian lands.

FFC has investments of more than $250,000 in HP and more than $140,000 in Veolia, according to the We Divest Campaign. The money is part of an overall $200 million in assets and investments for more than 250 Quaker meetings, schools, organizations, trusts and endowments around the US.

The Quaker group does not issue public announcements about such moves, but did send a letter confirming the information, according to Anna Baltzer, a spokesperson for the We Divest Campaign.

“It’s not private; it’s public information and they’ve written a letter to the Friends Meeting in Ann Arbor, Mich. that raised the issue,” she said. The Ann Arbor group did not return JTA’s call for this article.

However, Jeffrey W. Perkins, the FFC’s executive director, said in a press release issued by We Divest that HP provides information technology consulting services to the Israeli Navy, and Veolia Environment is involved in “environmental and social concerns” with the Israeli military,

This decision comes a few months after the FFC dropped shares in Caterpillar Inc. because Caterpillar “would neither confirm nor deny the extent or type of modifications to equipment sold to the Israeli military,” according to the release.

READ THE ORIGINAL ARTICLE

 

 

 

Friends Fiduciary Trust investment screen

 

 

 

American Friends Service Committee investment screen

In The Jewish Times:

Quakers will not profit from the occupation of Palestine (in Britain)

Quakers in Britain has today become the first church in the UK to announce it will not invest any of its centrally-held funds in companies profiting from the occupation of Palestine. (November 19, 2018)

sunset through coils of barbed wire
Sunset in Hebron. (Photo: Quakers in Britain)

The decision, made by the church’s trustees in consultation with Meeting for Sufferings – the national representative body of Quakers – fits into a long Quaker history of pursuing ethical investments. It follows decisions not to invest funds in, among others, the fossil fuel industry, arms companies, Apartheid South Africa, and – going even further back – the transatlantic slave trade.

Paul Parker, recording clerk for Quakers in Britain, said:

“Our long history of working for a just peace in Palestine and Israel has opened our eyes to the many injustices and violations of international law arising from the military occupation of Palestine by the Israeli government.

“With the occupation now in its 51styear, and with no end in near sight, we believe we have a moral duty to state publicly that we will not invest in any company profiting from the occupation.

“We know this decision will be hard for some to hear. We hope they will understand that our beliefs compel us to speak out about injustices wherever we see them in the world, and not to shy away from difficult conversations.

“As Quakers, we seek to live out our faith through everyday actions, including the choices we make about where to put our money.

“We believe strongly in the power of legitimate, nonviolent, democratic tools such as morally responsible investment to realise positive change in the world. We want to make sure our money and energies are instead put into places which support our commitments to peace, equality and justice.

“We hope that by announcing our refusal to profit from these companies it will encourage others to think about their own investments, and help challenge the legality and practices of the ongoing military occupation.

Ingrid Greenhow, clerk of Quakers in Britain trustees, said:

“While we do not believe we currently hold investments in any company profiting from the occupation, we will now amend our investment policy to ensure this remains the case in future.

“This includes companies – whichever country they are based in – involved for example in the illegal exploitation of natural resources in occupied Palestine, and the construction and servicing of the separation barrier and Israeli settlements.

“We look forward to the publication of the UN Business and Human Rights Database which will list companies involved in settlement-related activities in occupied Palestine. We recognise the help this – and others including the Investigate database compiled by the American Friends Service Committee – will give our investment managers in implementing this new policy.”

In their minute, the trustees said, “We hope this policy might be useful to [Quaker] area meetings interested in adopting a similar approach”.

In their minute, Meeting for Sufferings reaffirmed their 2011 decision to boycott goods produced in Israeli settlements built in occupied Palestine “until such time as the Israeli occupation of Palestine is ended.”

Meeting for Sufferings added that, “[W]e continually pray for both Israelis and Palestinians, keeping them together in our hearts, and looking forward to a future of loving and generous co-operation.”

ORIGINAL ARTICLE

Britain Yearly Meeting minute of 2014 in response to the violence in Gaza

Palestine-Israel at a Large Quaker Gathering in New England, Summer 2018

As international attention on Israel’s policies toward the Palestinians—occupation and blockade—increases, our Israel-Palestine Working Group produced the following program at our annual five-day New England Yearly Meeting (NEYM) Sessions:

  • Outdoor displays: photos from Gaza and a pin wheel display memorializing the recent dead in Gaza
  • WorkshopsBuilding a Just Peace in Palestine-Israel  with John Reuwer and Laurie Gagne, plus Moving our Meetings to Take Action on Israel-Palestine with Minga Claggett-Borne and Jonathan Vogel-Borne
  • Informal lunch chats
  • Photographic exhibition: Gaza Awaken by Skip Schiel
  • A special visit and presentation by a colleague from Gaza, Dr. Mustafa El-Hawi

(Click here for more info and here for photographs of Sessions)

However, we failed to bring our annual report to meeting for worship with the intention of business, a staple of this Yearly Meeting. Click Talking Points (Word) for our report’s talking points, with illustrations.

Meeting for worship with the intention of business

Why Palestine Matters, The Struggle To End Colonialism (book & website)

Why Palestine Matters, The Struggle To End Colonialism, contextualizes the liberation struggle of the Palestinian people within other global justice struggles. With a foreword by Richard Falk, former UN Special Rapporteur of Human Rights in the Palestinian Territories, the book is grounded in international law and brings Palestine into focus through a lens of intersectionality, calling all those who struggle for justice against oppression to consider the challenge of seeing Palestinians in the context of other justice struggles. Why Palestine Matters demonstrates that the project of human emancipation is not limited to Palestine, but it also cannot proceed without Palestine. The book is a 108-page, full-color publication with visuals on every page, a discussion guide, and maps. A companion website features enhanced resources for study, including video clips and discussion guide: WhyPalestineMatters.org. Published by the IPMN.org, The Israel Palestine Mission Network of the Presbyterian Church (U.S.A.) whose General Assembly mandate engages them “toward specific mission goals that will create currents of wider and deeper involvement with Israel/Palestine.”

What were the top BDS victories of 2017?

The movement for Palestinian rights continues to grow across the world. (Alisdare Hickson/Flickr)

Written by Nora Barrows-Friedman  in The Electronic Intifada, December 28, 2017

It took just four days for a world famous singer to cancel her Tel Aviv show in response to her fans’ urging her to respect the international picket line.

Lorde’s decision on Christmas Eve to pull the Tel Aviv show from her world tour – remarking that booking the gig in the first place “wasn’t the right call” – completed a successful year for the Palestinian-led boycott, divestment and sanctions (BDS) movement.

2017 saw artists, performers, athletes, politicians, cultural workers, faith-based organizations, students, academics, unions and activists grow the movement for Palestinian rights.

Israel has been taking notice, of course.

Early on in the year, key Israel lobby groups admitted in a secret report – obtained and published in full by The Electronic Intifada – that they had failed to counter the Palestine solidarity movement, despite vastly increasing their spending.

The report outlined Israel’s failure to stem the “impressive growth” and “significant successes” of the BDS movement and set out strategies, endorsed by the Israeli government, aimed at reversing the deterioration in Israel’s position.

Similarly, in March, Israel’s top anti-BDS strategist conceded that the boycott Israel movement is winning – despite the Israeli government’s allocation of tens of millions of dollars and the formation of an entire governmental ministry whose sole focus is to combat BDS.

Speaking at an anti-BDS conference in New York, Israeli ambassador Danny Danon stated that “the BDS movement is still active and still strong. Every day, academic and religious groups, student unions and investment firms are all falling prey to boycott calls.”…

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What is BDS?

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.

Israel is occupying and colonising Palestinian land, discriminating against Palestinian citizens of Israel and denying Palestinian refugees the right to return to their homes. Inspired by the South African anti-apartheid movement, the BDS call urges action to pressure Israel to comply with international law.

BDS is now a vibrant global movement made up of unions, academic associations, churches and grassroots movements across the world. Eleven years since its launch, BDS is having a major impact and is effectively challenging international support for Israeli apartheid and settler-colonialism.

CLICK HERE FOR MORE INFORMATION

Suggested Reading (books and articles)

Compiled by Skip Schiel, 2018 (with suggestions from many others)

Books on the Israel Palestine Conflict suggested by Listopia on Goodreads

Continue reading “Suggested Reading (books and articles)”