Are Kiwisaver funds complicit in Israel’s illegal settlements?

14 Feb

Palestine Solidarity Network Aotearoa Media Release, 14 February 2020

Palestine Solidarity Network Aotearoa targets Kiwisaver providers which support Israel’s brutal oppression of Palestinians

This week the United Nations Human Rights Council (UNHRC) released its long-awaited list of companies, 112 so far, complicit in the building and maintenance of illegal Israeli settlements on occupied land.

The UNHRC media release and link to the full report are here.

United Nations Security Council resolution 2334 of 2016 (co-sponsored by the New Zealand government) states that Israel’s settlement activity constitutes a “flagrant violation” of international law and has “no legal validity”.  

There are no New Zealand-based companies on the list but many Kiwisaver funds are likely to have investments in some of these companies complicit in the abuse of Palestinian rights.

PSNA is encouraging New Zealanders to ask their Kiwisaver providers for an assurance they do not have investments in any of these companies. If they do have such investments, then they will be urged to divest immediately.

New Zealanders strongly support the Palestinian struggle for peace and freedom. This is one practical step we can all take to show our solidarity with Palestinians at a time when the Trump/Netanyahu “deal of the century” seeks to legitimise Palestinian oppression.

These companies should be boycotted by all humanity – that includes us and our Kiwisaver providers. 

John Minto

National Chair, Palestine Solidarity Network Aotearoa


United Nations Human Rights Council list of companies linked to illegal Israeli settlements.

NOTE: The categories in the third column refer to the following:

(a)          The supply of equipment and materials facilitating the construction and the expansion of settlements and the wall, and associated infrastructures;

(b)          The supply of surveillance and identification equipment for settlements, the wall and checkpoints directly linked with settlements;

(c)           The supply of equipment for the demolition of housing and property, the destruction of agricultural farms, greenhouses, olive groves and crops;

(d)          The supply of security services, equipment and materials to enterprises operating in settlements;

(e)          The provision of services and utilities supporting the maintenance and existence of settlements, including transport;

(f)           Banking and financial operations helping to develop, expand or maintain settlements and their activities, including loans for housing and the development of businesses;

(g)          The use of natural resources, in particular water and land, for business purposes;

(h)          Pollution, and the dumping of waste in or its transfer to Palestinian villages;

(i)            Captivity of the Palestinian financial and economic markets, as well as practices that disadvantage Palestinian enterprises, including through restrictions on movement, administrative and legal constraints; 

(j)            Use of benefits and reinvestments of enterprises owned totally or partially by settlers for developing, expanding and maintaining the settlements. 


No. Business Enterprise Category of listed activity State concerned 
1 Afikim Public Transportation Ltd.  E Israel
2 Airbnb Inc. E United States
3 American Israeli Gas Corporation Ltd.  E, G Israel
4 Amir Marketing and Investments in Agriculture Ltd. G Israel
5 Amos Hadar Properties and Investments Ltd. G Israel
6 Angel Bakeries E, G Israel
7 Archivists Ltd. G Israel
8 Ariel Properties Group E Israel
9 Ashtrom Industries Ltd. G Israel
10 Ashtrom Properties Ltd. G Israel
11 Avgol Industries 1953 Ltd. G Israel
12 Bank Hapoalim B.M. E, F Israel
13 Bank Leumi Le-Israel B.M. E, F Israel
14 Bank of Jerusalem Ltd. E, F Israel
15 Beit Haarchiv Ltd. G Israel
16 Bezeq, the Israel Telecommunication Corp Ltd. E, G Israel
17 B.V. E Netherlands
18 C Mer Industries Ltd. B Israel
19 Café Café Israel Ltd. E, G Israel
20 Caliber 3 D, G Israel
21 Cellcom Israel Ltd. E, G Israel
22 Cherriessa Ltd. G Israel
23 Chish Nofei Israel Ltd. G Israel
24 Citadis Israel Ltd. E, G Israel
25 Comasco Ltd. A Israel
26 Darban Investments Ltd.  G Israel
27 Delek Group Ltd. E, G Israel
28 Delta Israel G Israel
29 Dor Alon Energy in Israel 1988 Ltd. E, G Israel
30 Egis Rail  E France 
31 Egged, Israel Transportation Cooperative Society Ltd. E Israel
32 Energix Renewable Energies Ltd. G Israel
33 EPR Systems Ltd. E, G Israel
34 Extal Ltd. G Israel
35 Expedia Group Inc. E United States
36 Field Produce Ltd. G Israel
37 Field Produce Marketing Ltd. G Israel
38 First International Bank of Israel Ltd. E, F   Israel
39 Galshan Shvakim Ltd. E, D  Israel
40 General Mills Israel Ltd. G Israel
41 Hadiklaim Israel Date Growers Cooperative Ltd. G Israel
42 Hot Mobile Ltd. E Israel
43 Hot Telecommunications Systems Ltd.  E Israel
44 Industrial Buildings Corporation Ltd.  G Israel
45 Israel Discount Bank Ltd. E, F Israel
46 Israel Railways Corporation Ltd.  G, H Israel
47 Italek Ltd.  E, G Israel
48 JC Bamford Excavators Ltd. A United Kingdom
49 Jerusalem Economy Ltd. G Israel
50 Kavim Public Transportation Ltd. E Israel
51 Lipski Installation and Sanitation Ltd. G Israel
52 Matrix IT Ltd. E, G Israel
53 Mayer Davidov Garages Ltd. E, G Israel
54 Mekorot Water Company Ltd. G Israel
55 Mercantile Discount Bank Ltd. E, F Israel
56 Merkavim Transportation Technologies Ltd.  E Israel
57 Mizrahi Tefahot Bank Ltd. E, F Israel
58 Modi’in Ezrachi Group Ltd.   E, D  Israel
59 Mordechai Aviv Taasiot Beniyah 1973 Ltd. G Israel
60 Motorola Solutions Israel Ltd. B Israel
61 Municipal Bank Ltd.  F Israel
62 Naaman Group Ltd. E, G Israel
63 Nof Yam Security Ltd. E, D Israel
64 Ofertex Industries 1997 Ltd. G Israel
65 Opodo Ltd. E United Kingdom
66 Bank Otsar Ha-Hayal Ltd. E, F  Israel
67 Partner Communications Company Ltd. E, G  Israel
68 Paz Oil Company Ltd. E, G Israel
69 Pelegas Ltd. G Israel
70 Pelephone Communications Ltd. E, G Israel
71 Proffimat S.R. Ltd. G Israel
72 Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. E, G  Israel
73 Rami Levy Hashikma Marketing Communication Ltd. E, G  Israel
74 Re/Max Israel E Israel
75 Shalgal Food Ltd. G Israel
76 Shapir Engineering and Industry Ltd. E, G Israel
77 Shufersal Ltd. E, G Israel
78 Sonol Israel Ltd. E, G Israel
79 Superbus Ltd. E Israel
80 Supergum Industries 1969 Ltd. G Israel
81 Tahal Group International B.V. E Netherlands
82 TripAdvisor Inc. E United States
83 Twitoplast Ltd. G Israel
84 Unikowsky Maoz Ltd. G Israel
85 YES E Israel
86 Zakai Agricultural Know-how and inputs Ltd. G Israel
87 ZF Development and Construction G Israel
88 ZMH Hammermand Ltd. G Israel
89 Zorganika Ltd. G Israel
90 Zriha Hlavin Industries Ltd. G Israel
91 Alon Blue Square Israel Ltd. E, G Israel
92 Alstom S.A. E, G France
93 Altice Europe N.V. E Netherlands
94 Amnon Mesilot Ltd. E Israel
95 Ashtrom Group Ltd. G Israel
96 Booking Holdings Inc.  E United States
97 Brand Industries Ltd. G Israel
98 Delta Galil Industries Ltd. G Israel
99 eDreams ODIGEO S.A. E Luxembourg
100 Egis S.A. E France
101 Electra Ltd. E Israel
102 Export Investment Company Ltd. E, F Israel
103 General Mills Inc. G United States
104 Hadar Group G Israel 
105 Hamat Group Ltd.  G Israel
106 Indorama Ventures P.C.L. G Thailand
107 Kardan N.V. E Netherlands
108 Mayer’s Cars and Trucks Co. Ltd. E Israel
109 Motorola Solutions Inc. B United States
110 Natoon Group E, D  Israel
111 Villar International Ltd. G Israel
112 Greenkote P.L.C. G United Kingdom




One Response to “Are Kiwisaver funds complicit in Israel’s illegal settlements?”

  1. gazasiege at 9:22 pm #

    How can any rational person applaud the fanfaronading of Trump and Netanyahu as they announce the “Deal of the Century” which promises Palestinians billions of dollars if they just totally submit to Israel’s colonisation of their land and culture?  It should be blatantly obvious that nothing good for Palestinians would come from these two exemplars of moral turpitude both desperately trying to save their political skins and avoid criminal conviction.  Close inspection of Trump’s “Peace to Prosperity” shows that its proposals, without Palestinian consultation, violate international law at every turn.  All of us have the responsibility of opposing the predatory colonialism of the Israeli apartheid state and supporting justice for Palestine for, as Anna Fulder wrote regarding the Stasi regime in the former GDR, “People who speak out against tyranny do so to save the rest of us; we are linked in a chain of responsibility so powerful it feels biological”.

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