Good news! The American Friends Service Committee has launched
an online tool for screening companies that are complicit in ongoing severe
violations of human rights and international law in Israel/Palestine. One may
be surprised to find who is profiting from the suffering of others. Please have
a look at www.afsc.org/investigate
Many socially responsible funds screen out major weapons
manufacturers and companies with poor records of environmental or labor
protection. However, corporate complicity in severe human rights violations in
Israel/Palestine is often not taken into account explicitly in these
considerations. The new tool developed by AFSC identifies specific violations,
lists relevant public campaigns targeting these companies, and provides
information on initiatives taken by responsible investors around the world to
influence and change that corporate behavior.
To check the status of your
mutual fund investments go to the fund providers' website to obtain the latest
report with a list of holdings and scan the report with our tool. Once you have
completed your initial scan you can contact your fund providers to ask for an
updated list of holdings and to share with them your specific concerns.
If your fund already
advertises itself as socially responsible, ask your money managers if they
screen for human rights abuses and violations of international law in
Israel/Palestine. Suggest they use our tool to identify corporate violators and
incorporate our information into their decision making process. Information
about corporate violations in Israel and the occupied Palestinian territory has
not been readily accessible to investors until recently.
Finally, it is important to note that some of the
companies engaged in problematic business practices in the occupied Palestinian
territories are also involved in problematic practices elsewhere. As a result,
a number of socially responsible funds are already Occupation-Free, meaning
they currently have no investments in the main corporate violators in
Israel/Palestine.
The following is a list of socially responsible mutual funds whose latest annual reports are Occupation-Free according to AFSC’s scans. However, this does not mean that any of these funds have actively screened for occupation-related violations, or that they will remain Occupation-Free throughout 2015.
The following is a list of socially responsible mutual funds whose latest annual reports are Occupation-Free according to AFSC’s scans. However, this does not mean that any of these funds have actively screened for occupation-related violations, or that they will remain Occupation-Free throughout 2015.
American Trust Allegiance Fund (ATAFX)
Appleseed Fund (APPLX)
Ariel Fund (ARGFX)
Ariel Fund (ARGFX)
Ariel
Appreciation Fund (CAAPX)
Ariel International Fund (AINTX)
Ariel International Fund (AINTX)
Ariel
Global Fund (AGLOX)
Azzad Ethical Fund (ADJEX)
Azzad Ethical Fund (ADJEX)
Gabelli
SRI Fund (SRIGX)
Green Century Balanced Fund (GCBLX)
Green Century Balanced Fund (GCBLX)
Neuberger Berman Socially Responsive Fund (NBSRX)
New Alternatives Fund (NALFX)
Parnassus Endeavor Fund (PARWX)
Parnassus Endeavor Fund (PARWX)
Parnassus
Fund (PARNX)
Walden Asset Managment Fund (WSBFX)
Walden Asset Managment Fund (WSBFX)
Portfolio
21 Global Equity Fund (PORTX)
Walden Midcap Fund (WAMFX)
Walden Equity Fund (WSEFX)