Palestine Voice: Issue 1 Winter 2018/19
The first magazine by UK based non-profit, Palestine Community Foundation.
The first magazine by UK based non-profit, Palestine Community Foundation.
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CONGRATULATIONS -<br />
University of Leeds<br />
Divestment Success!<br />
University of Leeds has confirmed its divestment<br />
from three companies complicit in the oppression<br />
of Palestinians through their manufacturing of<br />
military equipment sold to Israel.<br />
University of Leeds <strong>Palestine</strong> Solidarity Group (PSG) called for<br />
an immediate withdrawal of all funds in an open letter from<br />
companies which supply aeronautical equipment, jet engines<br />
and other military components to the State of Israel and the<br />
Israeli Defence Force, citing the University’s own Ethical<br />
Investment Policy.<br />
Whilst the open letter called for an immediate withdrawal of<br />
funds and had gathered 469 signatures by 1st November, a<br />
University spokesperson has since claimed it had withdrawn<br />
funding on the 15th October for reasons other than BDS.<br />
It is claimed the companies in question, Airbus, Keyence<br />
Corporation and United Technologies, all fall outside of the<br />
University’s new climate active strategy, and so were no<br />
longer viable sources for investment.<br />
Leeds PSG have responded to this claim stating their<br />
campaign has been active for over a year, that none of the<br />
three companies are targets in the Fossil Free Campaign<br />
and that the most recent University portfolio still contains<br />
investments of over £3.5m in Shell and BP.<br />
Leeds People and Planet Society have said, ‘The fact that the<br />
University is using our campaign to erase the efforts of Leeds<br />
PSG, whilst still investing millions in fossil fuel companies, is<br />
hypocritical and offensive’.<br />
HSBC holds over £800m in companies<br />
proven to contribute to Israel’s<br />
military assault on Palestinians<br />
The University of Leeds is yet to divest from HSBC in which<br />
it holds £1.3m of shares, but PSG have stated via their<br />
Facebook page they ‘will still campaign until the University<br />
divests from HSBC and adopts a screening policy to assure<br />
us that they will never invest in a complicit company again’.<br />
HSBC holds over £800m in companies proven to contribute to<br />
Israel’s military assault on Palestinians. This includes £3.6m<br />
worth of shares in Elbit Systems which produces drones like<br />
the ones used to bomb Gaza in 2014 when 2252 Palestinians<br />
were killed, including 551 children.<br />
Whilst Leeds’ BDS pressure has seen a commendable<br />
outcome, it also draws attention to the relationship between<br />
environmental and human rights activism and opens<br />
up potential avenues for further collaboration. It is not a<br />
coincidence that companies which consistently enable<br />
the violation of Palestinians’ basic human rights by Israeli<br />
military occupation and assault often also contribute<br />
disproportionately towards accelerating climate breakdown.<br />
Leeds’ success shows cooperation between human rights<br />
and environmental campaigning is a powerful alliance in<br />
the larger fight against corporate power and they need not<br />
be mutually exclusive endeavours. Where transnational<br />
corporations show disregard for their involvement in human<br />
rights abuses and their contribution to climate breakdown<br />
whilst pocketing lucrative profits, our resistance is strongest<br />
in solidarity.<br />
Where multinationals act with impunity, Leeds PSG have<br />
shown we can encourage our institutions to invest more<br />
responsibly with the power of collective action and drawing<br />
public attention. Whilst the official statement of Leeds<br />
University’s divestment announcement does not directly<br />
cite BDS for inspiring its actions, Leeds’ PSG have clearly<br />
been successful in scrutinising their University’s investment<br />
portfolio, drawing attention to it and demanding divestment.<br />
Congratulations to University of Leeds <strong>Palestine</strong> Solidarity<br />
Group, and good luck to other organisations challenging<br />
their own institution’s investment portfolios in the fight<br />
against enabling Israel’s oppression of Palestinians and for<br />
a just and sustainable future.<br />
OMAR AZIZ<br />
(Facebook <strong>2018</strong>)<br />
Cooperation between human rights<br />
and environmental campaigning is a<br />
powerful alliance in the larger fight<br />
against corporate power<br />
16<br />
PALESTINE VOICE <strong>Issue</strong> 1 <strong>Winter</strong> <strong>2018</strong>/<strong>19</strong>