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Greens welcome Super Fund divestment decision


The Green Party has today welcomed the New Zealand Superannuation Fund's decision to divest from four Israeli companies involved in the illegal construction of Israeli settlements in the occupied Palestinian territories.

The three companies are Africa Israel Investments and subsidiary Danya Cebus, Elbit Systems Limited, and Shikun & Binui. The value of the divestment is small, totalling about $30,000 of the $20 billion fund.

"We welcome the ethical lead the New Zealand Superannuation Fund has shown by divesting from companies involved in the building of new Israeli settlements in the occupied Palestinian territories," ...