This week, a New Zealand court ruled that investments made by New Zealand’s Sovereign Wealth Fund — investments in companies complicit in occupied Palestine and the occupied Syrian Golan — are unlawful.
“The managers of the country’s $86 billion Super Fund failed to properly address human rights issues when considering whether to exclude companies from its investments.” – Keiller MacDuff
The Super Fund owes us all an apology and in particular an apology to Palestinians here and in Palestine, whose suffering is helping pay the price of the fund’s increasing wealth.
PSNA co-chair John Minto
Congratulations to Palestine Solidarity Network Aotearoa (PSNA / @psnaotearoa) for this win! This is also a key win for the movement more broadly and sets a precedent for responsible investing related to Israel’s illegal occupation, apartheid, and genocide. To get involved in divestment efforts in Canada, fill out this form: tr.ee/campaign
Read the full article: https://www.rnz.co.nz/news/business/592543/86-billion-super-fund-failed-to-properly-address-human-rights-court-rules
