Arizona
Colorado
Florida
Illinois
New Jersey
New York
Texas

Arizona

Set forth below is a list of entities that have been deemed prohibited from investment through laws set forth in Arizona Revised Statutes § 35-393.

ASN Bank NV

Betsah SA

Betsah Invest SA

Cactus SA

The Co-operative Group

Danske Bank

Dexia

Dutch Lion Cooperatief U.A.

FreedomCall UK

Guloguz Dis Deposu Ticaret Ve Pazarlama Ltd.

HEMA BV

KLP Kapitalforvaltning AS

Karsten Farms

Kommunal Landspensjonskasse (KLP)

Nordea

Pensionskassernes Administration A/S

SNS Bank NV

Unilever - In September 2021, Arizona divested bonds held by the state after its Ben & Jerry’s subsidiary announced it would stop selling its product in the West Bank.

Vitens NV

Colorado

Unilever - In March 2022, Colorado’s state pension fund announced it would divest a $42 million investment in Unilever PLC after the company’s Ben and Jerry’s subsidiary took economic action against Israel by halting ice cream sales in West Bank settlements.

Florida

List of Prohibited Investments that Boycott Israel (Scrutinized Companies)

American Anthropological Association (2025)

Amsterdam School for Cultural Analysis (2025)

Anglican Church of Southern Africa (2025)

Barcelona City Council (2025)

Bergen School of Architecture (2025)

Betsah Invest SA (2016)

Betsah SA (2016)

Boğaziçi University (2025)

Cactus SA (2016)

Çankırı Karatekin University (2025)

City of Antalya (2025)

City of Belfast, Maine (2025)

City of Dearborn, Michigan (2025)

City of Ghent (2025)

City of Hayward, California (2025)

City of Iowa City, Iowa (2025)

City of Ixelles (2025)

City of Liège (2025)

City of Nelson City, New Zealand (2025)

City of Oslo (2025)

City of Portland, Maine (2025)

City of Richmond, California (2025)

Colegio de México (2025)

Co-operative Group Limited (2017)

Daystar University (2025)

Derry City and Strabane District (2025)

Eindhoven University of Technology (2025)

Erasmus University Rotterdam (2025)

Gerrit Rietveld Academie (2025)

Ghent University (2025)

Government of Colombia (2025)

Government of Iran (2025)

Government of Iraq (2025)

Government of Kuwait (2025)

Government of Lebanon (2025)

Government of Libya (2025)

Government of Qatar (2025)

Government of Scotland (2025)

Government of Slovenia (2025)

Government of Syria (2025)

Government of Turkey (2025)

Government of Yemen (2025)

Guloguz Dis Deposu Ticaret Ve Pazarlama (2016)

Hindustan Unilever Ltd (2021)

International Olympiad in Informatics (2025)

International Sociological Association (2025)

Isle of Eigg, Scotland (2025)

Mardin Artuklu University (2025)

Middle East Studies Association (2025)

National Tertiary Education Union (2025)

Nelson Mandela University (2025)

Nord University (2025)

Norwegian Confederation of Trade Unions (2025)

Oslo Metropolitan University (2025)

Pompeu Fabra University (2025)

PT Unilever Indonesia Tbk (2021)

Public University of Navarra (2025)

Quakers in Britain (2025)

Radboud University (2025)

Region of Apulia, Italy (2025)

Region of Catalonia (2025)

Region of Tuscany (2025)

Regional Council of Environment Canterbury (2025)

Rotterdam School of Management (2025)

Royal Academy of Arts, Netherlands (2025)

San Jorge University (2025)

Sciences Po Strasbourg (2025)

Seattle Education Association (2025)

Stavanger University (2025)

Storebrand ASA (2024)

Technical University Delft (2025)

The United Church of Canada (2025)

The Western Black Sea Universities Assoc. (2025)

Tilburg University (2025)

Trinity College Dublin (2025)

Unilever Bangladesh Ltd (2021)

Unilever Capital Corp (2021)

Unilever Caribbean Ltd (2021)

Unilever Consumer Care Ltd (2021)

Unilever Côte d'Ivoire (2021)

Unilever Finance Netherlands BV (2021)

Unilever Ghana Ltd (2021)

Unilever Nigeria Plc (2021)

Unilever Pakistan Foods Ltd (2021)

Unilever PLC (Ben & Jerry’s parent) (2021)

United Educators of San Francisco (2025)

Universidad de La Laguna (2025)

Universitat Autònoma de Barcelona (2025)

Université Libre de Bruxelles (2025)

University College Cork (2025)

University of Amsterdam (2025)

University of Barcelona (2025)

University of Bergen (2025)

University of Cape Town (2025)

University of Fort Hare (2025)

University of Granada (2025)

University of Johannesburg (2025)

University of León (2025)

University of Liège (2025)

University of Oviedo (2025)

University of Pompeu Fabra (2025)

University of South Eastern Norway (2025)

University of the Basque Country (2025)

University of the Western Cape (2025)

University of South-Eastern Norway (2025)

University of Stavanger (2025)

University of Tilburg (2025)

University of Utrecht (2025)

University of Valencia (2025)

University of Venda (2025)

University of Zaragoza (2025)

Illinois

Companies listed below have been deemed prohibited from investment through laws set forth in Article 1 of the Illinois Pension Code and approved by the Illinois Investment Policy Board.

Addidas AG

Air Canada*

Alstom SA

ASN Bank NV

Betsah Invest SA

Brimstone Investment Corporation Limited*

Cactus SA

Co-Operative Group Limited*

Danske Bank

De Volksbank N.V.*

Dexia S.A.

DNB ASA

Dutch Lion B.V.

Dutch Lion Cooperatief U.A.

Guloguz Dis Deposu Ticaret Ve

HEMA BV

Karsten Farms

KLP Kapitalforvaltning AS

Kommunal Landspensjonskasse

Kommunal Landspensjonskasse Gjensidig Forsikringsselskap

Korea Shipbuilding & Offshore Engineering Co., Ltd.

Nordea Bank Abp

Pensionskassernes Administration A/S

PFA Pension Forsikrings AS and Storebrand

Sampension Kp Livsforsikring A/S

SNS Bank NV

Stichting Administratiekantoor Beheer Financiele Instellingen

Storebrand ASA

The Co-operative Group Limited

Unilever PLC

New Jersey

Danske Bank A/S (2017)

DNB Bank ASA (2017)

Unilever plc (2017)

New York

Institutions or Companies Determined to Participate In Boycott, Divestment, or Sanctions Activity Targeting Israel

Achmea Investment Management B.V.

Betsah SA [Luxembourg]

Betsah Invest SA [Luxembourg]

Cactus SA [Luxembourg]

The Co-operative Group [UK]

FreedomCall UK

Guloguz Dis Deposu Ticaret Ve Pazarlama Ltd.

KLP Kapitalforvaltning

Kommunal Landspensjonskasse (KLP)

PFA Pension Forskikrings AS

Storebrand ASA

Texas

List of Prohibited Investments that Boycott Israel (Scrutinized Companies)

Ben & Jerry’s Homemade, Inc.

Betsah Invest SA

Cactus SA

Co‐Operative Group Limited

DNB Bank ASA

Guloguz Dis Deposu Ticaret Ve Pazarlama Ltd

Karsten Farms

KLP Kapitalforvaltning AS

Kommunal Landspensjonskasse Gjensidig Forsikringsselskap

Unilever PLC

Sources: Arizona State Retirement System, (March 10, 2017).
State Board Of Administration Of Florida, (January 29, 2019).
Illinois Investment Policy Board (accessed September 13, 2021).
“In First, Texas Divests $72 million from Norwegian Company that Boycotts Israel,” The Tower, (April 19, 2019).
List of Companies that Boycott Israel Pursuant to Texas Government Code Chapter 808 (September 2021).
Bob Christie, “Arizona sells Unilever bonds over Ben & Jerry’s Israel move,” AP, (September 10, 2021).
“Florida Places Ben & Jerry’s Parent Company Unilever on Its List of Scrutinized Companies that Boycott Israel,” News Release, Governor Ron DeSantis, (August 3, 2021).
David Wildstein, “N.J. moves to divest investments in Unilever after Ben & Jerry’s Israel boycott,” New Jersey Globe, (September 14 2021).
“Texas Comptroller Glenn Hegar: Ben & Jerry’s and its Parent Company Added to Texas List of Companies That Boycott Israel,” Press Release, Texas Comptroller of Public Accounts, (September 23, 2021).
Carl Campanile, “New York pulls $111M in pension funds from Ben & Jerry’s over boycott of Israel-occupied territories,” New York Post, (October 29, 2021).
New Jersey Division of Investment, (August 15, 2025).
Miriam Lauvfoss, “Florida Places Five Norwegian Universities on Official Boycott List, Reports Khrono,” Conglingo, (December 8, 2025).
New York Office of General Services, (December 9, 2025).
Illinois Investment Policy Board, (December 9, 2025).
Texas Comptroller, (December 9, 2025).
State Board Administration of Florida, (December 9, 2025).

Companies that Boycott Israel in Violation of State Laws by State