Abertay University

AXA is a French insurance company. It invests in a range of companies active in Israel’s illegal settlements, including Israeli banks financing the construction and expansion of Israeli settlements on stolen Palestinian land. This includes Bank Leumi and Israel Discount Bank.

Carrefour is a French multinational retailer. The BDS movement has called for a boycott of the company because it is complicit in Israel’s violations of Palestinian rights. In 2022 Carrefour announced a franchise agreement in Israel with Electra Consumer Products and its subsidiary Yenot Bitan, both active in the illegal Israeli settlement enterprise.

HSBC is a large British bank. Research by War on Want in 2017 found that HSBC invests over £830million in, and provides financial services worth up to £19billion for, companies supplying Israel with weapons and military technology used in its militarised attacks on Palestinians.

According to research group Corporate Occupation “Traffic control systems of the company are installed by its Israeli representative, Orad Group, on apartheid roads (roads on which only Israelis are allowed to travel).”

In addition Siemens Israel is participating in the electrification of the  Tel-Aviv Jerusalem high-speed train (A1), which is currently under construction. The A1 train route crosses the Green Line into the occupied Palestinian West Bank in two areas.

The BDS movement has called for a boycott of Siemens for its role constructing the EuroAsia Interconnector, a submarine electricity cable from Israel via Cyprus to Greece, that will connect apartheid Israel’s electricity grid with that of the EU and enable it to export electricity produced from fossil gas to Europe,