HSBC campaign update

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. Against incredible odds, Palestinians continue to resist this oppression, demanding their rights to freedom, justice and self-determination.

Palestinian civil society has made clear what we here in the UK can do to support their struggle for justice: work to stop UK corporations from supporting and profiting from Israel’s system of oppression.

Take action: Tell HSBC to sever ties with companies selling weapons to Israel

In summer 2017, we launched our campaign to pressure HSBC to cut all ties with companies selling weapons and security services to Israel’s repressive regime.

Activists held pickets at HSBC branches in over 20 locations in the UK, and tens of thousands of people emailed HSBC demanding divestment from companies involved in the arms trade with Israel.

We teamed up with local activists from around the UK, and our allies at the Palestine Solidarity Campaign, and together made our voices heard.

In December 2018 we had a massive victory when HSBC told us that it had finally divested from Elbit Systems, the notorious producer of deadly drones, white phosphorous, and cluster munitions cannons. What a testament to peole power!

But there's so much more work to do. HSBC still has business links to other companies complicit in violence and abuse against Palestinians, and around the world. HSBC holds shares in and participated in syndicated loans to Caterpillar, a company whose equipment is used by the Israeli military to destroy Palestinian homes, schools, and other prperty to make way for illegal settlements, a war crime.

You can take action by writing to HSBC about its ties with Caterpillar

Together, we can and will end UK complicity in the oppression of Palestinians and all people.

 

More resources: 

For background on UK bank complicity in Israel's crimes against the Palestinian people, read our report 'Deadly Investments'.

You can also read our response to HSBCs excuses for its complicity (and why these excuses just don't hold up to scrutiny). 

HSBC: Stop Arming Israel

Email the head of HSBC, and tell him to end HSBC complicity in Israel's crimes against the Palestinian people.

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21 May 2020 - 12:00pm

Press Comment

21 May 2020

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