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UN expands list of companies linked to Israeli settlements - Finance news and analysis from Global Banking & Finance Review
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UN expands list of companies linked to Israeli settlements

Published by Global Banking & Finance Review

Posted on September 29, 2026

4 min read

· Last updated: September 29, 2026

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UN Updates Settlements List, Naming 214 Companies Linked to Israeli West Bank

By Emma Farge

UN Releases Expanded List of Companies Linked to Israeli West Bank Settlements

GENEVA, Sept 25 (Reuters) - The United Nations human rights office issued a list on Friday adding 61 more companies operating in Israeli West Bank settlements, which the global body considers illegal.

The database is highly sensitive as firms could be targeted for boycotts or divestment to pressure Israel over settler expansion in the territory that is home to over 3 million Palestinians.

Details of the Updated Database

The database, first released in 2020, now includes 214 firms, mostly from Israel, but also from 10 other countries including France, Germany, China and the US. 

Newly Added Companies

Newly added firms included Israeli pesticides maker ADAMA, part of Chinese-owned Syngenta Group, Israel-based real estate investment holding company Alony Hetz and Spain's Salvat Logistica.

Response from Salvat Logistica

The Spanish logistics company said it had not been informed of any investigation and that its inclusion in the list was "surprising and entirely inconsistent with the facts". A UN rights office spokesperson said Salvat was contacted along with all other firms and given the opportunity to respond.

Previously Listed Companies

Companies already on the list include travel agency Expedia and home-rental company Airbnb already on the list. 

Reactions to the UN List

Israeli Government Response

Israel, which views the West Bank as disputed rather than occupied, has previously said the list unfairly vilifies companies working legally.

"This is a distorted mechanism — created by a deeply flawed body with an automatic majority against Israel," Israel's diplomatic mission said on Friday, alleging that the database was establish to "persecute" the Jewish state.

International Reactions

There has been a surge in settler attacks against Palestinians as outposts proliferate, prompting Britain, France and Canada to block imports from settlements this month.

UN Assessment Process

Sectors and Criteria

The UN rights office assessed companies active in a group of sectors including energy, food, hospitality, transport and agriculture, based on confidential submissions to the UN rights office.

Another 60 or so companies were assessed but not included since they did not meet the UN criteria of involvement in activities that violate the Palestinian right to self-determination.

Examples of Activities Considered

Examples include supplying demolition equipment to destroy Palestinian buildings, provision of surveillance for settlements and other services like transport that help maintain their existence, according to the UN website.

Companies Removed from the List

Other companies, like British-registered online travel company Opodo and Spanish-domiciled online travel agent eDreams, have been dropped from the original list after submitting a reassessment request.

The UN found that there were reasonable grounds to believe they were no longer involved in the activities that previously justified their inclusion.

eDreams said last year it had withdrawn and would continue to block listings of accommodation in illegal Israeli settlements, saying that some had appeared on its website automatically after owners uploaded them.

Broader Context and Implications

Palestinian Perspective

Palestinians want the West Bank to be part of a future independent homeland.

Israeli Government Policy

But Prime Minister Benjamin Netanyahu's nationalist government has largely backed settlers, with building ramped up since the militant Hamas group's attack on Israel in October 2023 and the ensuing Gaza war.

Company Statements

Travel firm Expedia has previously said that the listings in what it called "disputed areas" were clearly labelled, complied with international laws and sanctions and undergo enhanced due diligence guided by UN standards.

(Reporting by Emma Farge; Additional reporting by Olivia Le Poidevin and Benjamin Mejias in Madrid; Editing by Andrew Cawthorne and Toby Chopra)

Key Takeaways

  • The updated UN database, now numbering 214 firms, cites involvement in sectors such as agriculture, real estate, transport, and surveillance—allegedly violating Palestinian rights to self‑determination and possibly triggering boycotts or divestment (investing.com).
  • Newly added entities include Israeli ADAMA (Syngenta’s pesticides arm), Alony Hetz (real estate), and Spain’s Salvat Logistica; the UN gave affected companies opportunity to respond before listing (investing.com).
  • Israel denounced the list as biased and politically motivated, while Western nations like Britain, France and Canada have halted imports from settlements amid rising settler‑Palestinian tensions (investing.com).

References

Frequently Asked Questions

What is the UN settlements database?
The UN settlements database lists companies operating in Israeli West Bank settlements, which the UN considers illegal under international law.
How many companies are now on the UN’s list?
The UN’s list now includes 214 companies, after adding 61 more firms operating in West Bank settlements.
Why are companies listed in the UN settlements database?
Companies are listed for their involvement in sectors like energy, food, hospitality, transport, and agriculture within settlements considered illegal by the UN.
What are the potential consequences for companies on the list?
Listed companies could face boycotts, divestment, and increased international pressure due to their operations in disputed territories.
Can companies request removal from the UN settlements database?
Yes, companies can submit reassessment requests and be removed if there are reasonable grounds they are no longer involved in illegal activities.

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