Coalition Stop AXA Assistance to Israeli Apartheid
AXA profits from Israel’s oppression of Palestinians. The French insurance company, the second biggest insurance company in the world, is active in 57 countries and has over 108 million clients.
Even though AXA has human rights and environment policies it invests $7 million in three Israeli banks named in the UN database of companies involved in business with Israel’s illegal settlement enterprise: Bank Leumi, Israeli Discount Bank and Mizrahi Tefahot Bank. These banks operate branches in illegal settlements in the occupied Palestinian and Syrian territory (Golan Heights), providing mortgage loans for settlers and financial services to settlements’ local authorities for building projects.
These complicit banks also work as “accompanying partners” by ensuring that the bank provides the construction company with all of the main financial services until the completion of the project. Without these banks many of the illegal Israeli settlement projects would have difficulty being implemented.
AXA also owns 9 % of Equitable holdings (EHQ), which invests 157 million dollars in 5 Israeli banks, Bank Hapoalim, Bank Leumi, First International Bank of Israel, Israel Discount Bank, and Mizrahi Tefahot Bank, as well as in Israel’s largest arms company, Elbit systems. Elbit is notorious for profiting from Israel’s siege on Gaza, “battle-testing” its killer drones, white phosphorus, sniper bullets and fighter jet parts, all deployed by the Israeli occupation army to murder or maim Palestinians. Elbit Systems’ Hermes 900 drones were among Israel’s drones that murdered 164 Palestinian children in Gaza in 2014.
The Coalition “Stop AXA Assistance to Israeli Apartheid” campaign calls on individuals, organisations and institutions worldwide to boycott AXA until it ends its complicity with Israeli apartheid and human rights violations.
Sign the pledge here.
Until AXA ends its support for Israeli apartheid and human rights violations against Palestinians,
I Pledge to boycott AXA by refusing to buy its insurance products.
I Appeal to other individuals, businesses, sports teams, institutions and trade unions to end all business, sponsorship and insurance contracts with AXA.
Link to the BDS page here: