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Article

14 Nov 2013

Author:
We Divest

TIAA-CREF Divests Social Choice Fund from Controversial Veolia Corporation (Israel & Palestine)

[Business & Human Rights Resource Centre invited Veolia Environment to respond. Veolia Environment said that it does not comment on any investor’s decision to either buy or sell the company’s stock] The We Divest coalition...congratulat[es] pension fund giant TIAA-CREF for removing Veolia Environnement...from its Social Choice Funds portfolio...“TIAA-CREF made the right decision...Veolia cannot...be considered socially responsible given its infamous anti-labor practices, privatization of public resources, disastrous environmental practices, and ongoing servicing of illegal Israeli settlements on occupied Palestinian West Bank land.” [refers to Veolia Water]

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