Norway wealth fund sells Caterpillar stake over Israel allegations

Published on August 26, 2025 at 10:26 AM
Norway wealth fund sells Caterpillar stake over Israel allegations

World’s largest wealth fund says it has excluded bulldozer maker and five Israeli banking groups on ethics grounds

The world’s largest wealth fund has excluded Caterpillar, the construction equipment manufacturer, over Israel’s use of its bulldozers to destroy Palestinian property in Gaza and the West Bank.

Norway’s $2tn (£1.5tn) fund said on Monday it had excluded Caterpillar and five Israeli banking groups on ethics grounds.

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