The New York Times reports: The pension board of the nation’s largest mainline Protestant denomination, the United Methodist Church, has decided to divest its shares in a British company that supplies security equipment to Israel for use in prisons and in the occupied West Bank.
The move comes as Israel has been trying to fend off resolutions by academic institutions, businesses and church groups to divest from companies that do business with Israel.
The Methodist Church’s investment in the company, G4S, involves only about $110,000 worth of stock holdings, said David Wildman, executive secretary for human rights and racial justice for the church’s General Board of Global Ministries. But the action is intended to have a larger symbolic impact, adding to the pressure on Israel to stop building settlements and end the occupation. [Continue reading…]