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HSBC: Divest from Caterpillar and other companies complicit in the oppression of Palestinians

Israel uses military force to maintain its oppression of Palestinians. It targets people with tear gas grenades, rubber-coated bullets and live ammunition, and carries out mass arrests, house demolitions and extrajudicial executions. 

This brutality lies at the heart of Israel’s systematic violations of Palestinian rights, amounting to serious breaches of international law, and even war crimes.

HSBC is a major shareholder in companies selling military equipment to Israel including Caterpillar Inc., which sells bulldozers to the Israeli military. These bulldozers are used to destroy Palestinian homes and infrastructure. Other equipment provided by Caterpillar is used to construct apartheid walls and build illegal settlements on occupied Palestinian territory.

We can’t allow banks on our high streets to continue lending support to Israel’s militarised repression of Palestinians. Together, we can break the chain of complicity.

Tell HSBC to divest from Caterpillar and all other companies selling weapons used in violence and human rights abuse.

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Caterpillar’s bulldozers are used by the Israeli military in the arbitrary destruction of Palestinian homes and properties, a practice that has been identified by the United Nations, the International Criminal Court, and the UK Government as a war crime.

HSBC claims that it “strongly supports observance of international human rights principles as they apply to business.” But as of 2017, it held £99.5 million worth of shares in Caterpillar Inc.

Our campaign to get HSBC to divest from Caterpillar is a part of our larger Stop Arming Israel campaign, calling for the UK government to implement a two-way arms embargo on Israel. For more on the campaign, see: waronwant.org/stop-arming-israel

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