Norwegian fund blacklists Caterpillar over Gaza fears ...Saudi Arabia

Oslo: Norway’s largest pension fund said Wednesday it had divested from US industrial group Caterpillar because of the risk its equipment was being used by the Israeli army in Gaza. “For a long time, Caterpillar has supplied bulldozers and other equipment that has been used to demolish Palestinian homes and infrastructure to clear the way for Israeli settlements,” Kiran Aziz, head of responsible investments at KLP, said in a statement.

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