US EditionNorway Pension Fund Blacklists Firms Supplying Israeli Military
- Norway's largest pension fund, KLP, will no longer do business with Oshkosh Corporation and ThyssenKrupp due to concerns that their equipment may be used by the Israeli military in Gaza.
- Kiran Aziz from KLP stated that both companies failed to show due diligence regarding potential complicity in humanitarian law violations.
23 Articles
23 Articles
Municipal Landspensjonskasse, the largest public service pension insurance company in Norway, rejects Thyssen Krupp and Oshkosh shares. The corporations are accomplices of Israeli crimes against humanity.
The Norwegian pension fund KLP separates itself from its shares in the industrial group Thyssenkrupp. The reason for this is its business with Israel - specifically the supply of warships and submarines to the navy.
The New Arab
ARY NewsNorwegian fund bars US, German arms makers over Gaza war
Norway's biggest pension fund KLP said Monday it had dropped US group Oshkosh Corporation and Germany's ThyssenKrupp from its investment portfolio for selling weapons and equipment used by Israel's military in Gaza. KLP - which is separate from Norway's sovereign wealth fund, the world's largest - said Oshkosh Corporation was supplying trucks to the Israeli military, which adapts them into armoured troop transport vehicles. The fund also accused…
KLP, Norway's largest pension fund - other than the country's sovereign fund - announced for months that it was withdrawing its investments in the Oshkosh groups of the U.S. and Thyssenkrupp of Germany, accused of providing Israeli armed forces used in Gaza.
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