Illinois to Ben & Jerryâs: Reverse Israel Stance, Or We Will Divest From You
Should Unilever not reverse the statement, then Illinoisâ state pension funds will need to divest from Unilever under state law.
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The Illinois Investment Policy Board reportedly plans to warn Ben & Jerryâs to reverse their recent stance on Israel or else the board will divest from the ice cream company.
The Associated Press (AP) reported that the boardâs Israeli Boycott Restrictions Committee will provide Unilever, Ben & Jerryâs parent company, with 90-day deadline to either âconfirm or denyâ Ben & Jerryâs stance. âIn this case, it was a blatantly open statement made by the chairman of Ben & Jerry’s and we need to determine if Unilever deems it appropriate to walk the statement back.â
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