Israel’s Strategic Affairs Ministry unveiled a new program on Sunday that would essentially grade Israeli businesses according to their contribution to society, as part of an effort to offset potential blacklisting by the United Nations.

The initiative was the brainchild of Strategic Affairs Minister Orit Farkash-Hacohen, who has been fighting against efforts to boycott Israeli companies that operate beyond the Green Line.

A U.N. blacklist, published in early 2020, comprises more than 100 Israeli companies, including large banks and health funds. The United Nations claims that the very presence in Judea and Samaria, as well as eastern Jerusalem, is a violation of human rights.

The plan calls for giving budgetary support to companies that engage in sustainability and other environmentally friendly activities, as well as contribute to society in other means.

In Israel, there is no mandatory requirement for companies to engage in such activity. In Europe and the United States, such companies are graded according to this field in many cases.

“It is important to mitigate the damage done by the U.N. blacklist, which is designed to bring about divestment from Israel on the scale of hundreds of millions of dollars,” Farkash-Hacohen said in a statement.

This article first appeared in Israel Hayom.

Support Jewish Journalism
with 2020 Vision

One of the most intriguing stories of the sudden Coronavirus crisis is the role of the internet. With individuals forced into home quarantine, most are turning further online for information, education and social interaction.

JNS's influence and readership are growing exponentially, and our positioning sets us apart. Most Jewish media are advocating increasingly biased progressive political and social agendas. JNS is providing more and more readers with a welcome alternative and an ideological home.

During this crisis, JNS continues working overtime. We are being relied upon to tell the story of this crisis as it affects Israel and the global Jewish community, and explain the extraordinary political developments taking place in parallel.

Our ability to thrive in 2020 and beyond depends on the generosity of committed readers and supporters. Monthly donations in particular go a long way in helping us sustain our operations. We greatly appreciate any contributions you can make during these challenging times. We thank you for your ongoing support and wish you blessings for good health and peace of mind.