At Norway’s largest private pension fund, KLP, we have decided to divest from United States industrial group Caterpillar over concerns about its role in human rights abuses in occupied Palestine.
KLP has previously divested from companies linked to the illegal Israeli settlements and the separation wall in the West Bank following the important United Nations report on businesses linked to settlements.
Caterpillar’s D9 series bulldozers are imported to Israel by Israeli Tractors and Equipment (ITE), part of Zoko Enterprises. In partnership with the Israeli military’s Technology and Maintenance Corps, Zoko Enterprises has rebuilt these machines with vehicle-mounted weapons and armoured drivers’ cabins for use in the occupied Palestinian territory. The widely used Caterpillar D9R bulldozers weigh around 62 tonnes, are four metres tall and wide, and eight metres long…..more