Swedish pension fund invests in Israeli firm linked to white phosphorus production: Report

Swedish pension fund invests in Israeli firm linked to white phosphorus production: Report
August 22, 2025

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Swedish pension fund invests in Israeli firm linked to white phosphorus production: Report


Swedish pension money has been invested in an Israeli chemical company accused of producing white phosphorus, a substance condemned by human rights groups for its alleged use in densely populated areas of Gaza and Lebanon, local media reported Friday, Anadolu reports. An investigation by the public broadcaster Ekot revealed that the Seventh AP Fund, where nearly 6 million Swedes have their premium pensions if they have not made an active choice, has holdings worth about 100 million kronor ($9.3 million) in Israel’s ICL Group. The company manufactures white phosphorus, which causes severe burns and is restricted under international law. Amnesty International and Human Rights Watch have accused Israel of using white phosphorus munitions in recent conflicts. While the substance can […]

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