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Elbit Systems
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=== Ethical concerns and divestment === On September 3, 2009, the [[Norwegian Pension Fund|Government Pension Fund of Norway]]'s ethical council decided to sell the fund's stocks in Elbit due to the company's supply of surveillance systems for the [[Israeli West Bank barrier]].<ref name="globes">{{cite news |date=September 3, 2009 |title=Norwegian Gov't Pension Fund exits Elbit Systems |publisher=Globes [online], Israel business news |url=http://www.globes.co.il/serveen/globes/DocView.asp?did=1000495337&fid=1725 |url-status=live |access-date=September 4, 2009 |archive-url=https://web.archive.org/web/20230426055225/https://en.globes.co.il/en/article-1000495337 |archive-date=April 26, 2023}}</ref> At a press conference to announce the decision, [[Minister of Finance (Norway)|Minister of Finance]] [[Kristin Halvorsen]] said "We do not wish to fund companies that so directly contribute to violations of international humanitarian law".<ref name="haaretz 2009-09-03">{{cite news |last=Hass |first=Amira |author2=Barak Ravid |date=September 3, 2009 |title=Israel summons Norway envoy to protest divestment from arms firm |publisher=[[Haaretz]] |url=http://www.haaretz.com/hasen/spages/1112218.html |url-status=dead |access-date=March 1, 2010 |archive-url=https://web.archive.org/web/20090904035619/http://www.haaretz.com/hasen/spages/1112218.html |archive-date=September 4, 2009}}</ref> The Norwegian Ambassador to Israel, [[Hans Jacob Biørn Lian]], was called to a meeting at the [[Israeli Foreign Ministry]] where the decision was protested.<ref name="haaretz 2009-09-03" /> In January 2010, [[Danske Bank]] added Elbit to the list of companies that fail its Socially Responsible Investment policy. A bank spokesman noted that it was acting in the interests of its customers by not "placing their money in companies that violate international standards".<ref name="danske">{{cite news |date=January 25, 2010 |title=Israeli companies excluded from bank's investments |publisher=[[Copenhagen Post]] |url=http://www.cphpost.dk/component/content/48048.html?task=view |url-status=dead |access-date=March 1, 2010 |archive-url=https://web.archive.org/web/20100131114212/http://www.cphpost.dk/component/content/48048.html?task=view |archive-date=January 31, 2010}}</ref><ref name="Maan">{{cite news |date=January 27, 2010 |title=Danish pension funds divest from Israeli companies |publisher=[[Ma'an News Agency]] |url=http://www.maannews.net/eng/ViewDetails.aspx?ID=257185 |url-status=dead |access-date=March 1, 2010 |archive-url=https://web.archive.org/web/20140922132218/http://www.maannews.net/eng/ViewDetails.aspx?ID=257185 |archive-date=September 22, 2014}}</ref> The Danish financial watchdog ''DanWatch'' placed Elbit on its ethical [[blacklist]] in 2011.<ref name="danwatch">{{cite web |date=January 1, 2010 |title=DanWatch's sortliste |url=http://www.danwatch.dk/index.php?option=com_content&view=article&id=234%3Adanwatchs-sortliste&catid=20%3Astationaere-sider& |url-status=dead |archive-url=https://web.archive.org/web/20111007153805/http://www.danwatch.dk/index.php?option=com_content&view=article&id=234%3Adanwatchs-sortliste&catid=20%3Astationaere-sider& |archive-date=October 7, 2011 |access-date=March 1, 2010 |publisher=Danwatch |language=da}}</ref> In 2014, one of Denmark's largest [[pension fund]] administrators PKA Ltd announced it will no longer consider investing in Elbit, stating "The [[International Court of Justice|ICJ]] stated that the barrier only serves military purposes and violates Palestinian human rights. Therefore we have looked at whether companies produce custom-designed products to the wall and thus has a particular involvement in repressive activities."<ref name="Maan" /> In March 2010, a Swedish [[pension fund]], not wanting to be associated with companies violating international treaties, boycotted Elbit Systems for its involvement in the construction of Israel's West Bank barrier wall.<ref name="Ynetnews">{{cite news |last=Bettini |first=Daniel |date=August 27, 2010 |title=Europe's economic boycott of Israel expanding |publisher=Ynetnews |url=http://www.ynetnews.com/articles/0,7340,L-3943666,00.html |url-status=live |archive-url=https://web.archive.org/web/20100829181759/http://www.ynetnews.com/articles/0,7340,L-3943666,00.html |archive-date=August 29, 2010}}</ref> In December 2018, [[HSBC]] divested from Elbit<ref name="FIFAD">{{cite news |title=France investment firm AXA IM divests from Israel arms manufacturer |publisher=Middle East Monitor |url=https://www.middleeastmonitor.com/20190418-france-insurance-firm-axa-divests-from-israel-arms-manufacturer/}}</ref> following Elbit's acquisition of [[IMI Systems]]. HSBC cited IMI's manufacturing of [[cluster munition|cluster bombs]], which violated the bank's ethics policy of not investing in companies linked to the manufacturing or marketing of cluster munition.<ref>{{Cite news |author=Tovah Lazaroff |title=HSBC tells 'Post': 'We divested from Elbit over cluster bombs, not BDS' |publisher=The Jerusalem Post |url=https://www.jpost.com/bds-threat/hsbc-tells-post-we-divested-from-elbit-over-clusters-bombs-not-bds-576175 |url-status=live |archive-url=https://web.archive.org/web/20190103214900/https://www.jpost.com/bds-threat/hsbc-tells-post-we-divested-from-elbit-over-clusters-bombs-not-bds-576175 |archive-date=January 3, 2019}}</ref> In 2019, [[Axa]] partially disinvested from Elbit Systems following pressure from the [[Boycott, Divestment and Sanctions]] movement.<ref name="FIFAD" /><ref name=":0">{{Cite web |title=AXA: Finances War Crimes :The Global insurer's involvement in the illegal Israeli Occupation |url=https://s3.amazonaws.com/s3.sumofus.org/images/SUMOFUS_REPORT_-_AXA_FINANCING_WAR_CRIMES.pdf |url-status=live |archive-url=https://web.archive.org/web/20191017213039/https://s3.amazonaws.com/s3.sumofus.org/images/SUMOFUS_REPORT_-_AXA_FINANCING_WAR_CRIMES.pdf |archive-date=2019-10-17 |access-date=2019-07-09 |website=SumOfUs |language=en}}</ref><ref>{{Cite web |date=April 18, 2019 |title=France investment firm AXA IM divests from Israel arms manufacturer |url=https://www.middleeastmonitor.com/20190418-france-insurance-firm-axa-divests-from-israel-arms-manufacturer/ |url-status=live |archive-url=https://web.archive.org/web/20230410032702/https://www.middleeastmonitor.com/20190418-france-insurance-firm-axa-divests-from-israel-arms-manufacturer/ |archive-date=2023-04-10 |access-date=2019-07-09 |website=Middle East Monitor |language=en-GB}}</ref> The move followed several years of campaigning by NGOs, including an April 2018 petition launched by [[SumOfUs]] that received 140,000 signatures. Axa "quietly reduce[d]" its investments in Elbit and Israeli banks.<ref name="FIFAD" /> Axa remains indirectly invested in Elbit and Israeli banks through a [[non-controlling interest]] in its former subsidiary [[Alliance Bernstein]].<ref name="FIFAD" /><ref name=":0" /> Reporting in ''[[The Guardian]]'' showed attempted coordination between Elbit and the [[Embassy of Israel, London|Embassy of Israel]] with the [[Home Office]], [[Attorney General for England and Wales]] and [[Crown Prosecution Service]] regarding the prosecution of [[Palestine Action]] activists, dating back to April 2022.<ref>{{Cite news |last=Siddique |first=Haroon |date=2024-09-30 |title=Activists say they have proof ministers tried to influence police over Israeli arms firm protests |url=https://www.theguardian.com/world/2024/sep/30/activists-say-they-have-proof-ministers-tried-to-influence-police-over-israeli-arms-firm-protests |access-date=2024-10-23 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref> In 2024, CPS used powers under the [[Terrorism Act 2000|Terrorism Act]] to detain activists without charges.<ref>{{Cite news |last=Syal |first=Rajeev |date=2024-08-13 |title=Seven appear in court over protest at Israeli-based firm’s UK site |url=https://www.theguardian.com/uk-news/article/2024/aug/13/seven-charged-over-protest-at-israeli-based-firms-uk-site |access-date=2024-10-23 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref>
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