Another bites the dust • National Legal And Policy Center
Following Arizona’s decision to part ways with Unilever, the parent company of anti-Semitic Ben & Jerry’s, a blue state, but heavily Jewish, made the same move.
The New Jersey Division of Investment said on Tuesday it would also be divesting its assets from the UK-based conglomerate, due to Ben & Jerry’s decision to stop selling its products in the “West Bank” areas and from East Jerusalem to Israel.
New Jersey has become the latest state to announce its intention to divest the company that owns Ben & Jerry’s following its decision to stop selling ice cream in the territories occupied by Israel.
The state’s Division of Investment this week sent a letter to Unilever, the parent company of Ben & Jerry’s US headquartered in New Jersey, explaining that state law passed in 2016 prohibited investment. state pension funds in companies that engage in boycotts. As of the start of this week, New Jersey had invested $ 182 million in Unilever stocks, bonds and other securities, a spokeswoman for the State Treasury Department said.
Several other states, including New York and Illinois, have warned Unilever that they are considering a divestiture. In late July, New York State Comptroller Thomas P. DiNapoli sent a letter to Unilever CEO Alan Jope saying he was “troubled and concerned” by reports of the actions of Unilever. Ben & Jerry. He gave the company 90 days to dissuade him.
Among those urging Mr. DiNapoli to step down is the National Legal and Policy Center, a conservative, nonprofit good governance group in Washington, known for unearthing ethics violations against largely liberal targets. The group also filed a complaint with the Internal Revenue Service over how the Ben and Jerry Foundation used its funds.
“We are doing this because someone has to hold Ben & Jerry’s independent board of directors accountable for its anti-Semitic use of its platform and company resources,” said Tom Anderson, director of National Legal and Policy Center.
It is fully expected that states like New York and Florida will follow Arizona and New Jersey and divest all of Unilever’s stakes in their state investment portfolios. What is unknown is whether Ben & Jerry’s radical board of directors will change course, or are they so committed to anti-Semitism that they are ready to wipe out the entire company in a slow relationship nightmare. public for everyone involved?