Norway Oil Fund Divests of Israel’s Bezeq Over Services to West Bank Settlements
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2024
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Source: WSJ
Norway's Sovereign Wealth Fund Decision: Norway's $1.8 trillion sovereign wealth fund has excluded Israeli telecommunications company Bezeq due to concerns about its role in human rights violations linked to Israeli settlements in the West Bank.
Ethics Watchdog Findings: The decision was influenced by the fund's ethics watchdog, which indicated that Bezeq's services support the maintenance and expansion of illegal settlements.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
