University of Glasgow
Complicit investments: £19,952,389
Based on FOI requests
Direct Investments
| Complicit company | Investment value (£) |
|---|---|
|
Airbus In 2018, Airbus signed a $600 million deal with Israel Aerospace to lease Heron TP drones to the German military. Israel uses drones such as these patrol the skies of the besieged Gaza Strip. Between 2008 and 2021 Airbus applied to the British government for an export license to supply weapons and military technology to Israel. |
£186,889 |
|
Albemarle Corp Albemarle Corporation is a US based chemicals manufacturer. It entered into a long-term supply arrangement with Israel Chemicals Ltd (ICL) to supply global flame-retardants. Israel Chemicals Ltd was the sole provider of white phosphorus to the US Army from 2008 to 2013. The US has supplied white phosphorus projectiles to the Israeli military which deployed them in its assault on the besieged Gaza Strip in 2009. The supply arrangement means the product will be manufactured in ICL’s locations in Israel. ICL conducts business activity in, and with, illegal agricultural settlements in the occupied West Bank.
|
£14,731 |
|
Alphabet Inc Google’s parent company, Alphabet Inc, provides cloud computing services and other technologies to the Israeli military. Since 2021, Google Cloud Platform has co-developed the main cloud infrastructure platform for the Israeli state, dubbed ‘Project Nimbus’.
More information here.
|
£4,257,685 |
|
Alstom Alstom is a French transportation conglomerate. It was included on the United Nations OHCHR’s list of business enterprises active in Israel’s illegal settlements, based on stolen Palestinian land. WhoProfits report that Alstom is involved in the construction and operation of the Jerusalem Light Rail project, directly as well as through its fully owned subsidiary, Citadis Israel, which is the maintenance contractor for the project. The JLR project contravenes international law since it solidifies Israel’s grip on occupied Palestinian land, including East Jerusalem. |
£42,514 |
|
Amazon Investigate reports that Amazon, alongside Google, is the main provider of cloud infrastructure for the Israeli government and military, dubbed Project Nimbus. |
£1,796,068 |
|
AXA 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. |
£854,168 |
|
BAE Systems BAE Systems is a large British arms producer. As reported by Investigate, it manufactures weapons and military technology used by Israel in its militarised attacks on Palestinians. |
£194,524 |
|
Bank Leumi LeIsrael Bank Leumi is one of Israel’s largest banks. It routinely provides loans for the construction in illegal Israeli settlements, based on stolen Palestinian land. It is included on the UN OHCHR’s list of companies active in illegal Israeli settlements, based on stolen Palestinian land. |
£32,004 |
|
Barclays Barclays is a British multinational bank and financial services company. According to research released by PSC, War on Want and Campaign Against Arms Trade, it holds over £1bn in shares in, and provides financial services to, nine companies supplying Israel with weapons and military technology, used in its militarised violence against Palestinians. |
£477,020 |
|
Boeing Boeing is a US headquarted manufacturing company. It is the second largest arms manufacturer in the world. It manufacturers the Apache attack helicopter. These helicopters played a prominent role in Israel’s 2006 Invasion of Southern Lebanon, which killed nearly 2000 civilians. To this day, the helicopters are used by Israel for both surveillance and attacks of the Gaza Strip. In addition, Boeing JDAM guiding systems have been utilised in Israel’s attacks on Palestinians in Gaza. Defense for Children International documented at least 13 children killed by missiles fired directly from Apache helicopters in its report on Israel’s attack on besieged Gaza. |
£230,599 |
|
Booking.com Booking.com is a travel metasearch engine for lodging reservations. It is owned and operated by and is the primary revenue source of United States-based Booking Holdings and is headquartered in Amsterdam. It lists accommodation located in illegal Israeli settlements on stolen Palestinian land. It was included in the UN OHCHR’s list of businesses active in illegal Israeli settlements based on stolen Palestinian land. |
£1,116,822 |
|
Carrefour 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. |
£739,262 |
|
Caterpillar US Company Caterpillar supplies the Israeli military with D9 bulldozers which are weaponised and used to demolish Palestinian homes, schools, villages and civilian infrastructure, including sewage and water pipes. Caterpillar also provides equipment used to reinforce Israels apartheid wall in the West Bank and for the construction of illegal settlements and settlement infrastructure on stolen Palestinian land. In addition, these bulldozers have been involved in constructing Israel’s military checkpoints in the occupied Palestinian territory. These constitute war crimes under international law. |
£397,071 |
|
Cisco Systems Cisco is an US-based public company that designs and sells a broad range of technologies, with a wide range of involvement in Israel’s occupation of Palestinian land, as outlined by Investigate, a project by the American Friends Service Committee. |
£602,584 |
|
CNH Industrial CNH Industrial is implicated in activities supporting Israel’s occupation of Palestinian territories. According to the research by WhoProfits, the company’s machinery has been used in constructing illegal Israeli settlements, the apartheid wall, and infrastructure projects, as well as in demolishing Palestinian homes. |
£56,175 |
|
Expedia Expedia is an American online travel shopping company. It appeared on the UN OHCHR’s list of companies active in illegal Israeli settlements, based on stolen Palestinian land, due to listing properties in illegal settlements. |
£29,322 |
|
FANUC FANUC is a Japanese industrial robot manufacturer. Its robots are used by Israeli weapons manufacturers, including Elbit Systems. More information here. |
£98,014 |
|
Ford Motor Company Ford Motor Company is an American car manufacturer. As reported by WhoProfits, Ford vehicles have been used by the Israeli military, and in infrastructure projects that support illegal settlements in the occupied West Bank. |
£463,833 |
|
General Dynamics General Dynamics is an American aerospace and defence company. It manufacturers weapons used by Israel in its attacks on Palestinians. This includes the Namer armoured vehicle. The Namer armoured vehicle was used by the Israeli military in its 2014 attack on the besieged Gaza Strip, which killed over 2,200 civilians, nearly a quarter of them children. |
£224,466 |
|
General Electric As reported by research group WhoProfits, General Electric engines are used in Israel’s primary air and naval military platforms. F-16 jets, Apache helicopters, Sa’ar ships, and other weapons systems with engines manufactured by General Electric have been used repeatedly in Israeli attacks on densely populated civilian areas, resulting in thousands of civilian casualties in Lebanon, the West Bank, and Gaza Strip. |
£303,444 |
|
Heidelberg Materials HeidelbergCement is one of the world’s largest cement producers. As reported by Investigate, it operates quarries and other facilities in the occupied West Bank. In addition, its products have been used to build and expand illegal Israeli settlements, on stolen Palestinian land. |
£126,066 |
|
Hewlett Packard (HP) HP-branded corporations supply IT equipment used by Israel in its violations of Palestinian rights, including supplying IT equipment to Israel’s police and prison services. In 2023, it was contracted by the Israel Prison Service to provide maintenance for its IT equipment until 2024. |
£198,255 |
|
Hewlett Packard (HP) HP-branded corporations supply IT equipment used by Israel in its violations of Palestinian rights, including supplying IT equipment to Israel’s police and prison services. In 2023, it was contracted by the Israel Prison Service to provide maintenance for its IT equipment until 2024. |
£889,813 |
|
Honeywell Honeywell is a US-based arms company. Corporate Watch have reported that components produced by Honeywell were used by Israel in its 2014 aerial bombardment and ground invasion of the besieged Gaza Strip in 2014. Between 2008 and 2021, Honeywell applied to the British government for 30 export licenses to supply weapons and military technology to Israel. |
£293,787 |
|
HSBC 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. |
£929,885 |
|
Huntington Ingalls Huntington Ingalls is a US-based shipbuilding company, it was founded in 2011 as a spin-off from Northrop Grumman. It has been contracted to build the Sa’ar 5 class of corvettes (small warships) for the Israeli navy. These ships have been used by Israel to enforce the illegal blockade of the Gaza Strip. |
£30,517 |
|
Hyundai Hyundai is a South Korean Companies. Its equipment is used by Israel to demolish Palestinian homes and structures in the Occupied Palestinian Territory. WhoProfits report that “between 2019 and 2023, Hyundai heavy machinery was documented in dozens of house demolitions and destruction of agriculture and water structures carried out by Israeli authorities in the occupied West Bank and in occupied East Jerusalem.” |
£237,041 |
|
L3Harris Technologies L3Harris Technologies is a US-based arms company. As reported by Investigate, it supplies Israel with weapons components and military technology which are used in its attacks on Palestinians. |
£111,286 |
|
Leonardo Leonardo, formally Finmeccanica, is an Italian defence and Arms trade, currently the world’s ninth largest Arms trade. Its products include military helicopters, fighter aircraft, drones, missiles, naval guns, artillery and armoured combat vehicles. It has exported arms to a number of oppressive regimes, including Israel. AgustaWestland, a subsidiary of Italian firm Leonardo, makes components for Apache attack helicopters used by Israel in attacks on the besieged Gaza. Defence for Children International-Palestine have documented how at least 13 children were killed by missiles fired from Apache helicopters during Israel’s 2014 attack on the besieged Gaza Strip. In addition, Israel’s Defence Ministry has purchased seven training helicopters from Leonardo. |
£61,135 |
|
Lockheed Martin Lockheed Martin is one of the world’s largest arms companies. It is a long-time supplier of the Israeli army, having supplied them since 1971. Weapons and military technology produced by Lockheed Martin has been used by Israel in its militarised violence against Palestinians. |
£360,732 |
|
McDonald's McDonald’s Israeli franchisee provided free meals to Israeli soldiers during the genocidal assault on Gaza, while McDonald’s Malaysia filed a lawsuit against BDS Malaysia to silence solidarity activism. The BDS Movement calls for a global boycott until McDonald’s ends its ties with the Isreali franchisee and stops its Malaysian franchisee’s attempts to suppress advocacy for Palestinian rights. |
£284,317 |
|
Mitsubishi Mitsubishi is a Japanese automotive manufacturer. As Investigate reports, the Mitsubishi Pajero model serves dozens of senior officers in the Israeli Army since 2007, and has been used in the demolition of Palestinian homes in the occupied Palestinian territory.
|
£1,648,323 |
|
Motorola Motorola is a US communications and telecommunication equipment provider. Motorola’s equipment is installed in illegal settlements and on the apartheid wall in the occupied West Bank. It is used by the Israeli military, police, and prison service. It is listed on the UN OHCHR’s list of business enterprises active in Israel’s illegal settlements on stolen Palestinian land. |
£79,508 |
|
Northrop Grumman According to Investigate, by the American Friends Service Committee “Northrop Grumman is a US-based defense technology company that manufactures military aircraft and precision missile systems, as well as military drones. It supplies the Israeli Air Force with the Longbow missile delivery system for its Apache helicopters and with laser weapon delivery systems for its fighter jets. It has also supplied the Israeli navy with Sa’ar V missile gunships” which enforce the illegal siege of the Gaza Strip. |
£170,810 |
|
Rockwell Automation Rockwell Automation own Avnet cyber security firm. Avnet boasts of “harnessing the unique skillsets of former IDF intelligence officers and OSCE/OSCP/CISSP-certified hackers, each Avnet ops team benefits from peerless experience and specialist expertise.” Its clients include Elbit Systems, one of Israel’s largest private arms manufacturers, as well as Bank Leumi and Bank Hapoalim, both included on the UN OHCHR’s list of business enterprises active in Israel’s illegal settlements on stolen Palestinian land. |
£58,140 |
|
Rolls Royce Rolls-Royce is a British manufacturer that produces military aircraft engines, naval engines and cores for nuclear submarines. It is still the world’s 17th largest Arms trade. It is a supplier of the US F-35 Joint Strike Fighter programme. F-35 fighter jets have been used on numerous occasions in Israel’s attacks on the besieged the Gaza Strip, including in May 2021. In 2014, the year of Israel’s aerial bombardment and ground invasion of Gaza, which killed over 2,200 civilians, nearly a quarter of them children, Rolls-Royce was granted export licenses for engines for military aircrafts to Israel. |
£53,871 |
|
RTX Corporation RTX Corporation, previously known as Raytheon, is a US-based arms company. It has supplied Israel with a range of weapons and military technology used in its militarised attacks on Palestinians.
RTX Corporation supplies guided air-to-surface missiles, which have been used by Israel in its militarised attacks on Palestinians, including its genocide in Gaza.
|
£491,657 |
|
Safran Safran is a French multinational company. It has provided equipment including finger print scanners, used by Israeli forces in the occupied Palestinian territory. |
£137,739 |
|
Siemens 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, |
£822,412 |
|
Sony Sony Corporation is a Japanese multinational conglomerate corporation. Its diversified business includes consumer and professional electronics, gaming, entertainment and financial services. During a June 2018 field tour in the Old City of Jerusalem, Who Profits documented the use of Sony cameras as part of Israel’s surveillance system in the occupied area. At least six Sony cameras were installed at Jerusalem’s Damascus Gate. As part of its military occupation, Israel maintains a regime of intense surveillance against Palestinians in Jerusalem. |
£441,062 |
|
Teva Teva is an Israeli pharmaceutical company. Investigate, a project by the American Friends Service Committee reports it is part of an oligopoly of companies who benefit from selling to the Palestinian captive market.” It “enjoys the advantages generated by the Israeli occupation of Palestinian lands allowing the company to exploit the Palestinian market.” |
£81,694 |
|
Textron Textron is a US-based arms company. Investigate, a project by the American Friends Service Committee, report that “the Israeli Air Force 100 Squadron uses Textron aircraft, including the Beechcraft King Air, Queen Air, RC12-D Guardrail, and Bonanza A-36, mostly for reconnaissance, freight, and training purposes. At least some of these aircraft were given to Israel through the U.S. government foreign military sales program.” Textron Aviation, a subsidiary of Textron, produced the T-6 series of trainer aircrafts, known to be used by the Israeli military. |
£57,210 |
|
Thyssenkrupp Thyssenkrupp is a German industrial engineering company that provides advanced military equipment to the Israeli Navy. As reported by Investigate, its subsidary ThyssenKrupp Marine Systems (TKMS) supplied Israel with Sa’ar 6 warships, which have been used in its genocide in Gaza. |
£29,576 |
|
Volvo As reported by research group WhoProfits, Volvo machines have been photographed and videotaped destroying Palestinian properties, including homes and schools, in the Occupied Palestinian Territories. They have also been used in the construction of Israeli illegal settlements and of the Apartheid Wall, built on stolen Palestinian land. Volvo machines have also been used in the attempted demolitions of Palestinian villages, including in Susiya and Khan Al-Ahmar. |
£240,358 |