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The largest pension fund of Norway, KLP, it has not already been working with two companies selling equipment to Israeli servicemen in the war in Gaza, he said.
Two companies, the United States company, a German company, which is aimed at Oshkosh Corporation, trucks and military vehicles, which is aimed at trucks and military vehicles, and thyssenkrupp, fibers and industrial machines, is a wide selection of wide ships.
“In June 2024, a company of several UN (Israeli army) supplied weapons or equipment (Israeli army) and these weapons were used in Gaza,” Klayerforvaltning of the CLP officials said.
“Our conclusion is that Oshkosh and ThyssenKrupp companies contradict our responsible investment rules,” he said.
“Therefore, we decided to exclude them from our universe.”
According to the Pension Fund, this is worth $ 1.8 million in Oshkosh, ThysSenkrupp in Thysencrup until June 2025.
The KLP and the country’s largest pension fund in 1949 controls about $ 114 billion. This is a state pension fund belonging to municipalities and the public sector and has a pension scheme that covers about 900,000 people, mainly municipal employees, according to their website.
Vehicles and warships
The KLP said he had contacted both companies before making his decision and the Oshkosh continues to use and sold, and the equipment used by the Israeli army in Gaza (Israeli army), mainly for vehicles and parts.
Thyssenkrupp said “Long-term relations with the Israeli army” and, until 20202, said that the Israeli Navy Type is given four warships.
The German company said he planned to deliver an underwater boat later at the end of this year.
When asked by the KLP, which inspection and balances were given, the use of companies, as well as Oshkosh and Thyssenkrupp “Failed to make potential compounds due to the violation of the humanitarian law.”
“Companies have an independent task to prevent difficulties in violation of basic human rights and humanitarian law,” he said.
Previous gaps
This is not the first time the Pension Fund has left the companies related to the violation of human rights.
Klp in 2021 16 left companiesTECOM giant was associated with illegal Israeli settlements in the occupied West Bank, including Motorola.
The Pension Foundation said that the extracted companies are “unacceptable risk” that contributes to the connections of the West Bank accused of human rights and conflict situations.
That same year, Klp, due to the links to the Myanmar military government, the Indian port and logistics group left the adhantary ports.
Last summer, klp separated separately From a solid caterpillar from the United States. In an opinion for al-newspapers, the KLP’s dear, caterpillars wrote that the bulldozers were amended by military and local companies in Israel and later used it in the occupied territory.
“The permanent use of these armed bulldozers in the occupied Palestinian territory caused a number of human rights warning from the United Nations and the demolition of Palestinian homes and the demolition of the infrastructure,” he said.
“Therefore, it is impossible to claim that the company has taken adequate measures to avoid participating in future norm violations.”
The latest action is based on a number of similar decisions between Israeli companies and the Links to the illegal Israeli settlements in the war or the occupied West Bank in Europe.
Norway’s sovereign wealth fund in May, the largest in the world, He said he would hit Due to the involvement of Israeli paz retail and energy to supply the company’s infrastructure and fuel in illegal Israeli settlements.
This is after a decision in December last year, another Israeli company for the services provided to other Israeli companies, Izq, illegal settlements.
Other pension funds, as well as wealth funds, and in recent years, and the companies accused of illegal occupation of Israel’s western coast or Gaza.
In February 2024, the largest pension fund of Denmark left several Israeli banks for fearing the Foundation to finance settlements in the West Bank for leaving several Israeli banks and companies.
In six months, the largest pension fund of the United Kingdom, universities’ Super Job Scheme (USS), will sell all investments in Israel due to the war on Gaza, he said. About $ 79 billion, the fund members, which is a total of more than $ 101 million, he said.
