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 over 10,000 people emailed HSBC demanding divestment from companies involved in the arms trade with Israel.

HSBC responded by asking for a meeting. In September 2017, and again in March 2018, we met with bank executives to reiterate that HSBC must immediately divest from companies selling arms to Israel. 

We took one clear message away from our meetings with the bank’s executives: HSBC is nervous about the public response to its business complicity.

And to us that means one thing: time to increase the pressure on HSBC.

We teamed up with local activists from around the UK, and our allies at the Palestine Solidarity Campaign, and made our voices heard at HSBC's Annual General Meeting in 2018

Now we're focusing in on HSBC's business relationship with Elbit Systems, the notorious producer of deadly drones, white phosphorous, and cluster munitions cannons. HSBC holds £3.6 million worth of shares in Elbit, even though HSBC claims to have a strict policy excluder producers of internationally banned cluster munitions.

As an individual, you can join this campaign by sharing the e-mail action so we can make sure that HSBC hears from thousands more people like you.

If you are part of a group that would like to adopt the campaign, get in touch, and we can set you up with some materials and instructions on how to organise an information table/picket outside your local HSBC branch.

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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