University St Andrews
Complicit investments: £4,886,761
Based on FOI requests
Direct Investments
The university did not provide us with the necessary information on their direct investments. Please contact us for further information.Indirect Investments
| Investment fund/tracker | Complicit company | Investment value (£) |
|---|---|---|
| Liontrust |
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.
|
£1,563,775 |
| UBS |
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.
|
£75,966 |
| Newton |
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.
|
£65,334 |
| Newton |
Amazon Investigate reports that Amazon, alongside Google, is the main provider of cloud infrastructure for the Israeli government and military, dubbed Project Nimbus. |
£112,768 |
| UBS |
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. |
£175,470 |
| UBS |
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. |
£106,900 |
| UBS |
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. |
£898,529 |
| Newton |
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. |
£64,440 |
| UBS |
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. |
£338,446 |
| Liontrust |
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, |
£1,092,740 |
| UBS |
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, |
£392,393 |
Link to this university’s ethical investment policy*:
No Policy