search

Florida to start divesting from Ben & Jerry’s parent firm over West Bank boycott

Pro-Israel demonstrators protest in New York City against Ben & Jerry's, over its settlement boycott on August 12, 2021. (Luke Tress/Flash90)
Pro-Israel demonstrators protest in New York City against Ben & Jerry's, over its settlement boycott on August 12, 2021. (Luke Tress/Flash90)

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.

comments
Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed