This briefing was created for the Norwegian Pension Fund to demand divestment from three Israeli companies. Israeli Electric Corporation (IEC), Nesher Israel Cement Enterprises Ltd, and Emblaze Ltd. all are engaged in activities that run contrary to the Fund’s ethical guidelines.
Israeli Electric Corporation (IEC)
The IEC has been in constant violation of the ethical guidelines in a number of ways. The most relevant is its historic and long-running support for Jewish settlements in the Occupied Palestinian Territory:
Nesher Israel Cement Enterprises Ltd
Nesher is in continuing violation of the ethical guidelines in that the firm is involved in the ongoing construction of Israel's illegal Wall and associated regime in the occupied West Bank:
Emblaze runs contrary to the ethical guidelines for the actions of its subsidiary companies, Matrix and Visual Defence.
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