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UN Rapporteur Accuses 48 Companies of Aiding Israeli Occupation and Genocide

Detailing corporate involvement in settler colonialism, the report prompted denials from Israel’s delegation, followed by statements rejecting the claims from the companies flagged.

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Barclays, Blackrock's 'Bloody' Profits Exposed? Shocking Report Links Firms to 'Genocide Economy'
File photo of aid distribution in Gaza (photo: @KyleAnzalone_/X)

Overview

  • The report identifies 48 firms across mining, technology, shipping and other sectors for allegedly sustaining infrastructure and services that support Israeli settlements in Gaza and the West Bank.
  • Francesca Albanese argues these companies profit from an economy she characterizes as built on illegal occupation, apartheid and genocide.
  • During her presentation to the UN Human Rights Council, she described conditions in the Palestinian territories as “apocalyptic,” warning of civilians enduring “suffering beyond imagination.”
  • Israel’s mission in Geneva denounced the report as “legally groundless, defamatory and a flagrant abuse of office,” and companies such as Glencore, Booking.com, Maersk, Microsoft and Volvo have rejected the allegations as unsubstantiated.
  • Albanese called on states to impose sanctions or embargoes and urged consumers to use their purchasing power to pressure firms implicated in alleged rights violations.