Summary
- Norway’s largest private pension fund, KLP, has divested its stake in Caterpillar due to concerns about human rights abuses in the West Bank and Gaza.
- KLP sold Caterpillar shares and bonds worth 728 million kronor (R1.2 billion).
- The decision is part of a broader campaign by human rights activists to urge divestment and boycott of companies linked to Israel.
- Caterpillar has been accused of contributing to violations of international law and human rights.
