🥊#BOYCOTT_MAERSK! 🥊
#BDS Movement #Sparks Corporate #Panic Over #Israel!
When corporate shareholders are the ones demanding a ban on arms sales to Israel, you know BDS is working!
Right, so the Boycott, Divestment, and Sanctions (BDS) movement, aimed as it primarily is in the world right now at pressuring Israel to end its atrocities in the Palestinian territories and comply with international law, has increasingly been targeting not only goods and services from Israel but also corporations seen to be complicit in Israel’s human rights abuses. Your McDonalds, your Coca Cola, your Starbucks are probably amongst the better known examples of this. But in a show that BDS works, even against some of the biggest global corporations, a rather interesting boardroom clash occurred this week. One of the most significant recent confrontations occurred at the Annual General Meeting, the AGM of Maersk, the world’s second-largest shipping company, where shareholders voted on a proposal to ban arms shipments to Israel. This vote, which has come amongst much by way of demonstrations and protests, as well as outright denials from the company highlights the growing influence of BDS in challenging corporate complicity in Israel’s actions in Gaza. Despite Maersk’s denials of involvement in arms shipments to Israel, the fact shareholders themselves demanded this vote and the surrounding controversy over what Maersk have or have not been up to, raise critical questions about the company’s role in facilitating Israel’s military operations and the broader implications for businesses worldwide. If they weren’t doing something untowards, why were some shareholders calling for such a vote after all?
Right, so BDS being enacted against the second largest shipping company on the planet, Maersk, both from outside the company and within it, such is the power of protest, the power of bad publicity to make companies think twice and by companies, the shareholders at that, weighing up the prospect of doing business with Israel to deliver arms and military equipment to them being good or bad for business, god or bad for their own financial returns. Certainly a split amongst shareholders has happened in this instance, cages well and truly having been rattled.
The proposal to ban arms shipments to Israel was brought forward by a group of shareholders called on Maersk to cease all involvement in transporting military equipment to Israel, citing the company’s potential complicity in war crimes and genocide in Gaza. Now a cynic like me might think well, they’re more worried about their own pockets than Gaza given the weight of evidence against Maersk, mounting evidence that Maersk had shipped military equipment to Israel, including components used in its ongoing military operations in Gaza, but lets set that cynicism aside for now.
At the AGM held in Copenhagen on Tuesday of this week, the proposal sparked some heated debate. Maersk’s board of directors vehemently opposed the motion, arguing that the company does not engage in arms shipments to Israel and that such a ban would be unnecessary and harmful to its business operations.
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