Story perspectives
Norway Fund Divests from Caterpillar Over Gaza Concerns
8/30/2025
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Story summary
- Norway’s sovereign-wealth fund is divesting from Caterpillar due to concerns about its involvement in the Gaza conflict.
- The fund cites evidence of unlawful use of Caterpillar bulldozers by Israeli authorities in Palestinian territories.
- Additionally, it is selling shares in four Israeli banks for similar reasons.
- The decision is not influenced by profit or cash flow considerations.
