"Barclays win! Following our massive campaign, Avaaz staff met with the bank to drive home the importance of divestment and many other groups called for the bank to act. We have now been informed that since the end of last year Barclays has no beneficial ownership of any shares in Elbit Systems in any capacity, including as a hedge for client related business, nor does it hold any shares in nominee for clients. Barclays has also confirmed that it is not recommending Elbit Systems shares to clients via any trading platforms. We will keep Barclays' shareholdings in El Bit under review and stand ready to resume our campaign if needed."
Archbishop Emeritus Desmond Tutu’s op-ed in Haaretz joining our call for divestment from the occupation.
ABP to discuss investments at board meeting and with Avaaz -
Russell Brand slams Barclays for holding shares in El-Bit:
Caterpillar's response to the campaign:
Our campaign is working! Barclays have released a
responding to all of our messages claiming they are "not an investor" in Israeli defence company El-Bit because they merely hold shares in El-Bit on behalf of Barclays clients. How does managing investments in El-Bit for Barclays clients leave their claims to be an ethical company that "is not an investor the defence industry"? This hair-splitting won't let them off the hook -- let's ramp up our pressure until they stop managing all investments in this conflict.
The Gates Foundation has yet to respond to our campaign even though their Facebook and Twitter is being flooded by Avaaz members' comments. They already divested from G4S this year after public pressure -- let's keep it up and get another victory!
We haven't heard a peep from HP yet. We know they are seeing our Facebook comments because they are replying to others, but they've yet to engage with Avaaz members on this issue.
After we saw our Facebook comments on ABP were being deleted we called them and now they are staying up, but reps for the company aren't yet responding directly to our campaign. Let's keep flooding their page and ramp up the pressure
Barclays: We have another company's attention! Barclays has been posting a response to Avaaz members' comments on Facebook. Their
says they do not invest in 'unjustified aggression'. But Barclays’ invests in El-Bit, an Israeli defence company which provides drones and military systems that have been used to bomb Gaza.
ABP: Our campaign has got their attention! Their new
says these banks do not violate international law. But the settlements have been pronounced illegal under international law, and threaten to make peace impossible.