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Norway Fund Divests from Companies Tied to Israeli Settlements

5/13/2025

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Summary

Norway Divests from Paz

Norway's sovereign wealth fund has taken a bold stand by completely divesting from Paz Retail and Energy, citing its involvement in supplying fuel to Israeli settlements in the occupied West Bank. This move aligns with the fund's revised ethical guidelines established in August 2023, following a previous divestment from Israeli telecom Bezeq for similar reasons.

Summary

Norway Boycotts Israel

Norway's largest labor federation, the Norwegian Confederation of Trade Unions (LO), has made a bold move by voting to boycott Israel, halting trade and investment with Israeli companies. This powerful decision echoes their call for the $1.8 trillion sovereign wealth fund to withdraw from firms in occupied Palestinian territories, showcasing a rising tide of support for Palestinian statehood.

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Norway Divests from Paz

Norway's sovereign wealth fund has taken a bold stand by completely divesting from Paz Retail and Energy, citing its involvement in supplying fuel to Israeli settlements in the occupied West Bank. This move aligns with the fund's revised ethical guidelines established in August 2023, following a previous divestment from Israeli telecom Bezeq for similar reasons.

1 / 2