The PSC and War on Want are calling on supporters to tell HSBC to stop investing in companies that arm Israel’s apartheid regime.
The campaigns argue that the bank’s investments make it complicit with Israel’s violations of Palestinians’ human rights.
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 on a daily basis. This brutality lies at the heart of Israel’s systematic violations of Palestinian human rights, amounting to serious breaches of international law.
HSBC has been identified as one of the companies complicit in Israel’s occupation and violations of human rights. The bank is a major shareholder in companies supplying weapons to Israel, and it also provides arms companies with the loans and other financial services it needs to operates. There is clear evidence that these companies are contributing to human rights violations against Palestinians and to Israel’s illegal occupation.