Jewish Leaders Commend New Jersey's Divestment From Unilever

New York, NY

. . . Dianne Lob, Chair, William Daroff, CEO, and Malcolm Hoenlein, Vice Chair of the Conference of Presidents of Major American Jewish Organizations, issued the following statement:

“We commend Governor Phil Murphy and the New Jersey Department of Treasury Division of Investment for preliminarily determining that the boycott of Israel by Unilever subsidiary Ben & Jerry’s violates state law. New Jersey is responding to Ben & Jerry’s decision to end its relationship with its Israeli licensee because the licensee refused to engage in a boycott of the Jews and Palestinians who live in the West Bank. We again call on Unilever, whose North American headquarters is located in New Jersey, to exercise its contractual right to overrule the discriminatory decision of the Board of its Ben & Jerry’s subsidiary.

Arizona Treasurer Kimberly Yee announced last week that the State of Arizona will divest millions of dollars in funds it holds in Unilever bonds. New Jersey is one of thirty-three states that took action penalizing companies that engage in a boycott of Israel. We call on other states to take similar action and continue to demand Unilever reject this biased effort that singles out Israel alone and supports this bigoted boycott.”


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