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Divestment

How Somerville Organized To Win Ballot Question To Divest From Israel

Organizers with Somerville for Palestine hosted a rally outside of City Hall on Nov. 13, demanding that city councilmembers follow the will of voters and pass a resolution to implement a strategy to boycott and divest from Israel within the next calendar year. The rally came after voters in the Massachusetts city’s Nov. 4 election overwhelmingly supported nonbinding Ballot Question 3, also referred to as the “Palestine Solidarity Question,” which asked whether Somerville should divest from companies that “engage in business that sustains Israel’s apartheid, genocide and illegal occupation of Palestine.”

Maryland Workers Fight To Divest Their Pensions From Israel’s Genocide

On a cold, sunny morning in October, Grace Smith, a 42-year-old Baltimore County middle school teacher, arrived at the annual statewide teachers union convention in Ocean City, Maryland, with two fellow educators and a folder full of zines. Their mission: talk to as many teachers as possible about Maryland’s pension investments in Israel and hand out every copy they’d brought. Smith estimated that they spoke to dozens of educators and distributed over 200 zines. The response, she said, was overwhelmingly positive. “Everyone I talked to was glad to hear about it,” she said. “They didn’t know about it — and they were pissed.”

CUNY Classes Begin With Divestment Win

A new semester is beginning at the City University of New York (CUNY) with the fight against repression and for Palestine at the center. While we are facing intense crackdowns, including the firing of four faculty members over their pro-Palestine activism and the suspension of at least one student, there is also a movement fighting back. Amid these attacks, we’ve also had victories — most recently, a court decision forcing CUNY to disclose its investments in Israel.  As Israel escalates its genocidal campaign in Gaza, including a famine, with full support from the U.S. government, CUNY has targeted faculty who speak out against it. This comes as President Trump intensifies his attacks on immigrants, mobilizes the National Guard in major cities, and escalates a broader assault on democratic rights. 

United Methodist Church Divests From Israel Bonds

The United Methodist Church (UMC) has announced that it will divest from the bonds of governments that are maintaining illegal military occupations. Wespath, the church’s retirement-benefits agency, is now excluding investments in the bonds of Israel, Morocco and Turkey. “With our framework, we took a step back,” said Wespath executive Andy Hendren told United Methodist News. “We wanted to do a more principled, holistic look at all sovereign debt, so it not only looks at military occupations like those identified in the resolution — those three. But there are other military occupations in the world that government should be held accountable for.” “As United Methodists, our witness must align with our values,” Bishop Tracy S. Malone, Council of Bishops president, added.

Statewide Campaign Aims To End Illinois’ Investment In Israel

Illinois Treasurer Michael Frerichs has been investing in Israel for nearly a decade. Since becoming the sole fiduciary of the fifth-largest GDP in the country in January 2015, he has invested tens of millions of taxpayer dollars into the Development Corporation of Israel (“DCI”). DCI is the underwriter for “Israel Bonds,” uninsured debt securities issued by the Israeli government to raise capital for the country. The idea to pitch these kinds of bonds originated after the 1948 Nakba, when the new state was critically short on economic resources. According to the the Illinois State Treasurer’s Office, the state of Illinois currently has $100 million invested in Israel Bonds.

NYU Law Students Refused To Sign Away Their Right To Protest

Pro-palestine law students at New York University have secured a major victory against the university administration’s attempts to silence protests. On May 4, the NYU administration confirmed that 31 law students who had been barred from campus and prohibited from sitting for final exams, unless they sign away their right to protest, are now permitted to take their exams. “This type of public pressure, the backlash that [the administration] got from not allowing students to sit for exams, was not something that they expected,” said one of the affected NYU law students, who spoke to Peoples Dispatch about this latest decision.

Solidarity Movement Wins County Divestment From Israel Bonds

Cleveland- For almost a year the Cleveland Palestine Action Community, local chapters of the Palestinian Youth Movement and Students for Justice in Palestine and other solidarity activists have waged a concerted battle to pressure Cuyahoga County officials to divest county funds from Israel Bonds. The county’s investment stood at $16 million when the struggle began in April 2024, following a hard-fought win with the Cleveland City Council passing a resolution calling for a ceasefire in Gaza. Solidarity organizations employed a range of tactics, including packing County Council meetings and calling for divestment during “public comment,” mass phone calling and emailing Council members...

Another University Just Ditched Fossil Fuel And Arms Companies

Arts University Bournemouth has announced it will boycott fossil fuel industry recruitment, implementing a new Ethical Careers Policy. The university has now excluded oil, gas, and arms industries from attending careers fairs or advertising vacancies through the university’s Careers and Enterprise Service. Arts University Bournemouth is now the 11th UK university to end fossil fuel recruitment on campus, following a wave of student pressure for universities across the UK to cut ties with the fossil fuel industry over environmental and social justice concerns.

University Of Toronto Students Score A Win For The Climate

When the University of Toronto’s School of the Environment announced in October that it will no longer accept donations from the fossil fuel industry, the news sent waves through the growing movement to get coal, oil and gas companies off campuses. Among other things, that means banning fossil fuel corporations from financing academic research. “This victory shows students have the ability to enact institutional change,” said Erin Mackey, a leader of the group Climate Justice UofT, which pushed for the fossil fuel money ban. “That’s especially important when, at many universities, students who want to make change are having the door slammed in their faces.”

Protest Of State Board Of Investment Demands Divestment From Israel

St. Paul, MN – On December 5, 45 people protested outside of the Minnesota Senate Building in 15-degree weather to demand that members of the board vote to divest the state of Minnesota from investments in Israel. The protest, held ahead of the board’s December 10 meeting, was organized by the Free Palestine Coalition. Andrew Josefchak, a member of the MN Anti-War Committee, spoke to the crowd, “Minnesota’s State Board of Investment invests $5.4 billion of our money in genocide and apartheid. That’s $5.4 billion of a pension fund that union workers across Minnesota bargained for, fought hard for, waged strikes for.

Wales Just Hit A Massive Green Energy Milestone

Earlier this week, it was revealed that over 75% of UK universities have now divested from the fossil fuel industry, illustrating how cutting financial ties with the industry is being increasingly recognised as a step that aligns with university goals and values. Laura Clayson, campaign manager at Climate Justice, said: This news is incredibly significant given how fossil  fuels have shaped the nation’s recent history and landscape. It is an act of solidarity with frontline communities globally, as well as those within Wales itself. This includes the community surrounding the controversial Ffos-y-Fran, the UK’s last and largest open cast coal mine, which closed in 2023. The community continues to have to fight for justice, for everything from health impacts to restoration of the area, as the mining company continues to break their promises on each and every front. We hope this news provides some additional strength to their struggle.

Massachusetts Institute Of Technology Targeting Pro-Palestine Activists

The Massachusetts Institute of Technology has taken severe measures to suppress the voices of two prominent pro-Palestine activists on campus: PhD student Prahlad Iyengar and Dr. Michel DeGraff, a professor who has taught linguistics at the university for over 28 years. Iyengar has been banned from campus, which is also his place of work, without due process. He has also been denied union representation by MIT’s administration, despite himself being a union steward. He faces imminent threat of suspension as well as expulsion. MIT prohibited Dr. Degraff from teaching a course on Palestine, suspended his annual pay raise, and had his official status at the university changed from “Professor of Linguistics” to “Faculty-at-Large,” also without due process.

Barclays Divest From Elbit Systems After Direct Action Campaign

After a year-long campaign against its premises by Palestine Action and local community groups, Barclays PLC has sold all of its shareholdings in Elbit Systems Ltd (ELST). Until recently, Barclays owned over 16,000 shares in Elbit Systems, Israel’s largest weapons company. Starting just over one year ago, Palestine Action’s campaign saw activists undertake 54 actions against Barclays premises nation-wide. Smashing branch windows, spraying them in blood-red paint, many of these actions put Barclays sites out of operation for weeks, actions which sought to raise the costs associated with dealing with Elbit.

Connecting The Dots Between Climate Destruction And Its Financial Backers

Standing on a mobile stage in a suburban Philadelphia park on July 3, Ugandan human rights activist Hillary Taylor poured a cup of dirt into a clay vase. “This soil represents all my communities in Uganda and Tanzania,” he said to a crowd of 300 people gathered near the global headquarters of Vanguard, the world’s largest fossil fuel investor. This was the start of a major day of action for Vanguard S.O.S. — the international campaign that’s calling for the powerful asset manager to deal with its climate change problem and invest in a livable future. Participants came from near and far to dramatize the connection between asset managers like Vanguard and the harm their investments cause frontline communities.

MIT Divests From Israeli Arms Firm Funded Program

The MISTI-"Israel" Lockheed Martin fund has been shut down after continuous pressure from the Massachusetts Institute of Technology's (MIT) staff and faculty, the MIT Coalition for Palestine announced on Friday, marking a major divestment win for the university's Scientists Against Genocide (SAGE) movement. "Under pressure from students and scientists of conscience at this Institute, the MIT administration has discontinued MISTI-Israel's Lockheed Martin Seed Fund and will not renew its contract," the organization said in a statement. "This was a major target of our divestment action. The program ends after months of protest against it last fall, including letter deliveries, sit-ins, and public information campaigns," it highlighted.
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