Devon County Council : Complete Divestment from Companies Selling Arms to Israel


Devon County Council : Complete Divestment from Companies Selling Arms to Israel
The Issue
**Petition to Devon County Council**
**Subject: Complete Divestment from Companies Selling Arms to Israel**
We, the undersigned, commend Devon County Council for its recent decision to withdraw over £2 million in investments from companies involved in the sale of arms to Israel. This is a significant step towards ethical investment and demonstrates a commitment to human rights and responsible financial management.
However, despite this positive action, a substantial amount of £84 million remains invested in companies that continue to sell arms to Israel, including but not limited to:
- Rolls Royce: £1,951,241
- Barclays Bank: £12,889,533
- BAE Systems: £4,969,449
- Babcock: £360,850
These investments are part of the Devon County Council pension fund portfolio. We demand that Devon County Council take immediate action to withdraw the remaining £84 million from these companies. This action is crucial to ensuring that our public funds are not supporting activities that contribute to the perpetuation of conflict and human rights abuses.
We believe that our pension fund should reflect the values of peace, justice, and ethical responsibility. By fully divesting from these companies, Devon County Council can set a powerful example and contribute to a more just and peaceful world.
We urge Devon County Council to act swiftly and responsibly in divesting the remaining funds from companies involved in the arms trade with Israel.
Thank you for your attention to this urgent matter.

1,909
The Issue
**Petition to Devon County Council**
**Subject: Complete Divestment from Companies Selling Arms to Israel**
We, the undersigned, commend Devon County Council for its recent decision to withdraw over £2 million in investments from companies involved in the sale of arms to Israel. This is a significant step towards ethical investment and demonstrates a commitment to human rights and responsible financial management.
However, despite this positive action, a substantial amount of £84 million remains invested in companies that continue to sell arms to Israel, including but not limited to:
- Rolls Royce: £1,951,241
- Barclays Bank: £12,889,533
- BAE Systems: £4,969,449
- Babcock: £360,850
These investments are part of the Devon County Council pension fund portfolio. We demand that Devon County Council take immediate action to withdraw the remaining £84 million from these companies. This action is crucial to ensuring that our public funds are not supporting activities that contribute to the perpetuation of conflict and human rights abuses.
We believe that our pension fund should reflect the values of peace, justice, and ethical responsibility. By fully divesting from these companies, Devon County Council can set a powerful example and contribute to a more just and peaceful world.
We urge Devon County Council to act swiftly and responsibly in divesting the remaining funds from companies involved in the arms trade with Israel.
Thank you for your attention to this urgent matter.

1,909
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Petition created on 19 July 2024