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£83 million - Camden Council Fund invested in 71 complicit companies

Notes:

Investment portfolio from Camden Council, 30 September 2024; CAM 9194

companies identified based on publications including: whoprofits.org, bdsmovement.net, investigate.afsc.org, banktrack.org, etc.

£83m of public equity and credit investments in 71 companies complicit with Israeli apartheid and / or Gaza genocide

18 are Israeli companies involved in the development, funding and running of illegal settlements, arms production, surveillance etc.

9 are arms manufacturers including ELBIT (Israel), BAE, Qinetiq, Meggitt (UK), Raytheon, Northrop Grumman (US), etc.

Amazon is largest single investment (£24m); it provides cloud computing to Israeli government & military

£2.1bn

£453m

£1.7bn

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Methodology

FOI from December 2024 (CAM 9194) provides detailed breakdown of Camden investment portfolio

International & Israeli firms supplying arms and surveillance systems and other equipment to Israeli government / military

83 identified complicit companies based on multiple research sources

whoprofits.org
bdsmovement.net
investigate.afsc.org
banktrack.org, etc.

Matching two data bases provides list of 71 complicit companies (out of 83)
£82.7m invested in these as of Sep 2024 (£83.3m in Sep 2023)

>6000 lines / investments
Listing investment, manager and holding
Both equity and credit (bonds)
Private equity, property, cash excluded from analysis
Data as of Sep 30, 2024
CAM 9194 is publicly available: https://opendata.camden.gov.uk/stories/s/Camden-Freedom-Of-Information-Response-Search/dwzc-va83 /

Investment portfolio from Camden Council, 30 September 2024; CAM 9194; CAM 7836 for Sep 2023 data

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71 complicit investments profiting from Genocide and Apartheid

Companies profiting from and supporting from genocidal war in Gaza

Elbit (ISR)
Checkpoint (ISR)
Nice (ISR)
BAE Systems (UK)
Qinetiq (UK)
Meggitt (UK)
Chemring (UK)
Rolls Royce (UK)
Smiths Group (UK)
Leonardo (ITA)
Raytheon (USA)
Northrop Grumman (USA)
Lockheed Martin (USA)
Boeing (USA)

Note: companies identified based on publications including: whoprofits.org, bdsmovement.net, investigate.afsc.org, banktrack.org, etc.

Weapons companies supplying arms, munitions, etc.
Engineering firms providing demolition, earthmoving equipment, etc
Software and tech firms supplying, cloud services, surveillance software etc.
International banks funding a.m. activities

Companies profiting from development of illegal settlements

Israeli real estate firms
Global construction material (cement) providers
Banks funding illegal developments

Amot (ISR)
Mivne Real Estate (ISR)
Harel Insurance (ISR)
Bank Hapoalim (ISR)
Bank Leumi (ISR)
Israel Discount Bank (ISR)
Mizrahi Tefahot Bank (ISR)
Hyundai (S KOR)
CEMEX (Mex)
Heidelberger Cement (GER)

Companies profiting from business in & with

illegal settlements

International firms selling goods/ services linked to illegal settlements
Firms providing transport, telecom & infrastructure services
Israeli

Bezeq (ISR)
Altice (ISR)
ICL (ISR)
Delek (ISR)
Shufersal (ISR)
Teva (ISR)
Strauss Group (ISR)
Alstom (FRA)
Siemens (GER)
Booking.com (NL)
Carrefour (FRA)
McDonalds (USA)

Boeing (USA)
Ford (USA)
Palantir (USA)
Caterpillar (USA)
GE (US)
Safran (FRA)
Amazon
Cisco
Mitsubishi
Barclays
HSBC
AXA

Examples (not comprehensive list)

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Camden Council Fund invested in 71 complicit companies

#10

#18

#28

#18

Source: Investment portfolio from Camden Council, 30 September 2024; CAM 9194

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Camden Council Fund invested in 71 complicit companies

Notes:’ Other companies includes 56 individual companies; for a complete list refer to Appendix sides

Source: Investment portfolio from Camden Council, 30 September 2024; CAM 9194

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LBC invested in 71 complicit companies (out of 83)

Companies on PSC list (www.lgpsdivest.org) total 51, 47 of which are included in BDS List of 83; the three not included are Azrieli, eDreams, PUMA and Rockwell Automation with a total of £339k invested by LBC; LBC investments in 51 companies from PSC list total £42.7m