BDS is declaring victory in the recent divestment from 3 Israeli companies by the University of Leeds; Airbus, United Technologies and Keyence Corporation, for their connection to Israeli firms and military.
In reality, the University’s decision to divest from these 3 companies comes not from support or pressure from BDS, rather a decision to invest in a more “climate active strategy”. The move was motivated by environmental concerns.
The University released the following statement in response:
“We have recently adopted a climate active strategy, the purpose of which is to drive behavioral change supporting decarburization via a combination of divestments and engagement and as a result have divested of our holdings in Airbus, United Technologies and Keyence Corporation which were all held indirectly in a Global Equities Fund.”