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The biggest pension Fund in Denmark brought investment from the German company for «complicity to the Israeli occupation»

The largest pension Fund PFA Pension Denmark announced the withdrawal of investment from the German company on manufacture of building materials HeidelbergCement «in connection with discrepancy of the latest investment policy of the Fund». The volume of investments of the Fund in the company HeidelbergCement has not been reported.

According to the communiqué of the Fund held in 2015, the audit showed that HeidelbergCement is involved in the use of natural resources in the occupied territories, contrary to international law.

HeidelbergCement, one of the world’s largest companies manufacturing construction materials, is the owner of the British company Henson, daughter of Henson which Israel owns quarry is located in the so-called «area C» of Judea and Samaria under full Israeli control.

It should be noted that earlier this year about a similar step announced Norwegian insurance company KLP, which owned shares in HeidelbergCement for $ 5 million.




The biggest pension Fund in Denmark brought investment from the German company for «complicity to the Israeli occupation» 15.12.2015

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