The US state of Florida is set to divest from conglomerate Unilever, over the settlement boycott announced several months ago by its subsidiary, the Ben & Jerry’s ice cream company, local reports say.
The move will take effect tomorrow, three months after Governor Ron DeSantis ordered the State Board of Administration to add the London-based Unilever to its list of “scrutinized companies” that boycott Israel. This meant that starting 90 days later, if the position on Israel is not reversed — and it has not — Florida will not invest in or contract with Unilever or its subsidiaries.
Last month, Arizona became the first state to pull the trigger on divesting from Unilever and Ben & Jerry’s, in response to its settlement boycott.
Texas has officially added Ben & Jerry’s and its parent company Unilever to a list of companies that boycott Israel, a further step on the path to the state divesting some $100 million from the companies.
New Jersey has announced that it was on the path to follow suit, while New York, Illinois, Maryland, and Rhode Island have launched formal proceedings.
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Monday, October 25, 2021
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