A recent UN investigation has named over 60 multinational corporations allegedly complicit in Israel’s ongoing military campaign and settlement expansion in Palestinian territories. The report, released on June 30 by UN Special Rapporteur Francesca Albanese, outlines how private industry plays a central role in what she calls an “economy of genocide” across Gaza and the West Bank.

Backed by over 200 submissions from legal experts, states, and civil society, the year-long inquiry highlights the infrastructure behind forced displacement, illegal settlements, and systemic violence against Palestinians.
Profiting from Dispossession
According to the report, companies have been instrumental in a three-step system: the expulsion of Palestinians, their replacement by settlers, and the erasure of their communities. Major construction firms like Caterpillar, Volvo, Doosan, and HD Hyundai are accused of supplying equipment used to destroy homes, farmlands, and essential facilities, including hospitals—particularly in East Jerusalem, Rafah, and Masafer Yatta.

Heidelberg Materials AG was also cited for exploiting West Bank quarries, allegedly extracting materials to support settlement expansion.
Settler Tourism and Real Estate Promotion
Digital platforms such as Booking.com and Airbnb profit by advertising Israeli settlement properties, often portraying them as idyllic destinations while ignoring the broader context of displacement. American realtor Keller Williams Realty also markets illegal settlement homes to global investors—practices the UN report condemns for normalizing occupation.
Surveillance and Warfare Technology
Tech giants like Google, Microsoft, Amazon, Palantir, and IBM are implicated for providing cloud services and surveillance tools used in monitoring and targeting Palestinians. The report links these technologies to Israel’s military operations, especially in Gaza, where civilian casualties have continued to mount since late 2023.

Defense companies including Lockheed Martin, Elbit Systems, Leonardo, and FANUC supply drones, warplanes, and automated weapons systems used to bombard Gaza.
Financial and Fuel Support
The report also draws attention to global finance firms—such as BlackRock, Vanguard, PIMCO, Barclays, and BNP Paribas—for investing heavily in Israeli bonds and businesses connected to settlement and military operations.

Energy giants like Chevron, BP, Glencore, and Drummond Company reportedly continued supplying fossil fuels critical to Israel’s military capabilities—even amid international outcry and some halted coal shipments.
Calls for Accountability
Albanese warned that corporations supporting these activities could face legal consequences under international criminal law, including the Rome Statute. She urged governments to enforce arms embargoes and reassess trade agreements with Israel.
She also encouraged civil society to escalate boycott, divestment, and sanctions (BDS) efforts targeting companies complicit in human rights abuses.
“Profit must not come at the cost of human dignity and survival,” Albanese emphasized. She concluded that dismantling this structure of corporate complicity will require coordinated global action, legal intervention, and unwavering moral resolve.
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