Wednesday, September 26, 2012

BDS

"September 24, 2012, Ann Arbor. Friends Fiduciary Corporation, the socially responsible investment firm serving over 300 Quaker institutions in the United States, has dropped its holdings in Hewlett Packard and Veolia Environment, multinational corporations that support Israel’s Occupation of the Palestinian Territories.  Hewlett Packard was removed from Friends Fiduciary’s investments because they provide information technology consulting services to the Israeli Navy, said Jeffery W. Perkins, the Executive Director of Friends Fiduciary. Veolia Environment, the world’s largest water privatization company, was removed because of “environmental and social concerns.” According to Global Exchange, Veolia provides segregated water services to Israeli settlers in the Palestinian Territories and runs a large landfill in the occupied Jordan River valley." (thanks Redouane)