{"id":7304,"date":"2024-06-29T06:00:00","date_gmt":"2024-06-29T06:00:00","guid":{"rendered":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/2024\/06\/29\/norway-pension-fund-divest-from-caterpillar-inc-over-link-to-israel-genocide\/"},"modified":"2024-08-16T09:55:52","modified_gmt":"2024-08-16T09:55:52","slug":"norway-pension-fund-divest-from-caterpillar-inc-over-link-to-israel-genocide","status":"publish","type":"post","link":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/2024\/06\/29\/norway-pension-fund-divest-from-caterpillar-inc-over-link-to-israel-genocide\/","title":{"rendered":"NORWAY PENSION FUND DIVEST FROM CATERPILLAR INC. OVER LINK TO ISRAEL GENOCIDE"},"content":{"rendered":"
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A post shared by Daizy Gedeon (@daizygedeon)<\/a><\/p>\n<\/div>\n<\/blockquote>\n

Norway\u2019s largest pension fund KLP said on Wednesday it will no longer invest in Caterpillar Inc (CAT.N), because of the risk that equipment sold by the U.S. group to Israel is used to demolish Palestinian homes and infrastructure, including in the Gaza genocide.<\/p>\n

The maker of bulldozers and other heavy machinery may be contributing to human rights abuses and to the violation of international law in Gaza and the West Bank, and has thus been excluded from the portfolio, KLP said.<\/p>\n

The fund manager held shares in Caterpillar worth 728 million Norwegian crowns ($69 million) prior to a June 17 decision to divest its stake.<\/p>\n

While KLP had engaged in a dialogue with Caterpillar over several months, it did not receive satisfactory assurances that the company was able to reduce the risk of violating the rights of individuals, the asset manager said.<\/p>\n

@reuters<\/p>\n

If you advocate for TRUTH & JUSTICE, SHARE to spread the knowledge.<\/p>\n

#Gaza #HumanRights #StopTheFamine #MedicalAid #SaveGaza #EndTheWar #HumanityFirst #ActNow #HealthcareForAll #Nakba76 #FreePalestine #StandWithPalestine #JusticeForPalestine #EndOccupation #PalestinianRights #FreePalestine #StandWithGaza #StudentProtest #UniversityOfAmsterdam #HumanRights #Solidarity #NoJusticeNoPeace #Amsterdam #Rafah #\u0641\u0644\u0633\u0637\u064a\u0646<\/p>\n

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View this post on Instagram A post shared by Daizy Gedeon (@daizygedeon) Norway\u2019s largest pension fund KLP said on Wednesday it will no longer invest in Caterpillar Inc (CAT.N), because…<\/p>\n","protected":false},"author":2,"featured_media":7305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,35,37,33],"tags":[],"powerkit_post_featured":[],"class_list":["post-7304","post","type-post","status-publish","format-standard","has-post-thumbnail","category-daizy-gedeon","category-israel-hamas-war","category-israel-hamas-war-live-updates","category-middle-east-news"],"_links":{"self":[{"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/posts\/7304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/comments?post=7304"}],"version-history":[{"count":0,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/posts\/7304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/media\/7305"}],"wp:attachment":[{"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/media?parent=7304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/categories?post=7304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/tags?post=7304"},{"taxonomy":"powerkit_post_featured","embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/powerkit_post_featured?post=7304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}