Oireachtas Joint and Select Committees

Wednesday, 20 March 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Illegal Israeli Settlements Divestment Bill 2023: Discussion

Mr. Nick Ashmore:

We have investments via direct positions held by ISIF. This information is as of the end of 2023. Normally we would not provide information in that level of detail until the annual report comes out in July, but we consider this to be an extremely important matter. We have 11 directly held positions in companies that are on that list. That varies from Israeli businesses to Israeli banks to international companies that are involved in travel booking, such as Airbnb, Booking.com, Expedia, and a few international companies, such as Motorola, Alstom and Altice, which are infrastructural orientated companies. We also have exposure through pooled investments.

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