HEADQUARTERS
New York, USA
operations
Global; operates in over 100 global markets
publicly traded
YES
largest shareholders
Vanguard Fiduciary Trust Co (9.7%) $81bn
BlackRock Advisors LLC (5.7%) $47bn
State Street Corporation (4.5%) $37bn
Eaton Vance Management (2.4%) $20bn
Geode Capital Management LLC (2.2%) $18bn
Merrill Lynch International (1.9%) $16bn
BlackRock Life Ltd (1.5%) $12bn
Fidelity Management & Research Co (1.5%) $12bn
total assets
$4.552 trillion
subsidiaries
Nutmeg
Chase Bank
financing overview
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climate crisis
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genocide in Gaza
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controversial weapons
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Migrant abuse
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£153,830,472,000
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£8,710,000,000
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£16,360,800,000
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N/A
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#1 financier of fossil fuel companies in 2024 Financed $40 billion in fossil fuel expansion in 2023 |
#3 biggest funder of arms companies complicit in the genocide in Gaza
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Provided funds for Northrop Grumman and Eaton Corp PLC
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JP Morgan Cazenove is listed as a stockbroker for Serco
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Company highlights and involvement
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company involved
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funding
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climate crisis
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gaza genocide
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cont. weapons
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PALESTINE OCCUPATION
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migrant abuse
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ADANI
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£44m
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EQUINOR
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£445m
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TOTAL
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£667m
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GLENCORE
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£433m
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BP
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£2.1bn
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CHEVRON
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£73m
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ELBIT SYSTEMS
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£70m
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SERCO
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N/A
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AIRBUS
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£398m
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HONEYWELL
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£1.7bn
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HUNTINGTON INGALLS
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£494m
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L3HARRIS
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£1.3bn
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LEIDOS
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£579m
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LOCKHEED MARTIN
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£2.3bn
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RTX
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£1.2bn
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Fossil fuel companies bankrolling the climate crisis
Funded: £2.1BN
Climate Crisis
gaza genocide
BP, one of the world’s largest energy corporations, is a symbol of ruthless greed and imperial exploitation. Born as the Anglo-Persian Oil Company in 1909, it was the engine of British imperialism, securing control over Iranian oil through corruption and coercion while the Iranian people were left impoverished and dispossessed.
BP’s legacy is stained with environmental catastrophe and human suffering. The 2010 Deepwater Horizon disaster unleashed nearly five million barrels of oil into the Gulf of Mexico, killing untold marine life and devastating ecosystems, all while BP cynically promoted its “Beyond Petroleum” greenwashing campaign.
Now, BP is complicit in genocide, supplying oil that fuels Israel’s brutal war machine against Palestinians. Weeks into the genocide, BP accepted an Israeli gas exploration license, proving yet again its callous disregard for oppressed communities.
Funded: £445m
Climate Crisis
gaza genocide
Equinor, Norway’s state-owned oil giant and largest operator on its continental shelf, cynically promotes itself as sustainable while aggressively expanding fossil fuel extraction. The company has been exposed for misleading claims about the effectiveness of its carbon capture technology. Additionally, the UK Advertising Regulator banned its greenwashing ads for misrepresenting the share of renewables in its energy mix. Its net-zero pledge rings hollow as it launches new Arctic drilling at Johan Castberg and pursues the ecologically catastrophic Wisting field, while conducting risky deep-sea exploration in Argentina’s vulnerable waters and ignoring indigenous impacts in Canada’s Bay DuNord project.
Equinor’s partnership with Ithaca energy on the Rosebank field has drawn criticism due to Ithaca’s majority owner Delek group being listed on a UN database of companies operating in Israel’s West Bank settlements, considered illegal under international law. Delek group has come under further scrutiny of late due to its links to the Israeli military, with the company being accused of providing fuel for genocidal operations in Gaza. This partnership with Ithaca makes Equinor not only complicit in the destruction of the planet, but also the genocide of Palestinians.
Case Study – Carbon Bomb – Rosebank
Rosebank will exacerbate climate-related catastrophes, because it represents an expansion of the fossil fuel industry. It’s the largest undeveloped oil and gas field in the North Sea, estimated to contain approximately 500 million barrels of oil equivalent according to Rystad Energy data. Its emissions would be more than the combined emissions of all low income countries in the world.
In 2021, the International Energy Agency stated there is “no need for investment in new fossil fuel supply in our net zero pathway”. Developing a massive new field like Rosebank is clearly incompatible with limiting the global temperature rise to 1.5C.
Funded: £677M
Climate Crisis
gaza genocide
TotalEnergies is a French energy giant complicit in human rights abuses, relentless fossil fuel expansion, and decades of deceit. Like its peers, TotalEnergies knew about climate change as early as 1970 but chose to fund misinformation campaigns, deliberately delaying vital climate action. Now it hides behind greenwashing—falsely claiming a path to net zero while boosting fossil fuel production.
TotalEnergies’ East African Crude Oil Pipeline (EACOP) project in Uganda and Tanzania has sparked outrage over human rights violations and environmental destruction. This 1,440km behemoth threatens to displace over 120,000 people, leaving communities devastated and livelihoods shattered. The Ugandan government, seemingly in lockstep with TotalEnergies, has ruthlessly silenced opposition, jailing peaceful protesters and crushing dissent. Families face intimidation and pressure to accept paltry compensation, their futures hanging in the balance.
Most chillingly, Total fuels Israel’s genocide in Gaza. Research reveals it supplies oil to Israel via Brazilian shipments and the BTC pipeline, profiting from bloodshed. The list of Total’s abuses culminates with its complicity in the Israeli genocide of Palestinians. Investigations by Oil Change International expose its direct complicity in Israel’s slaughter of Palestinians, supplying oil through Brazilian onshore fields it co-owns and the BTC pipeline, where it holds a stake. While Gaza burns, Total fuels the fire.
Funded: £433m
Climate Crisis
Glencore, one of the world’s largest mining companies and a leading trader of fossil-fuel commodities, embodies the brutal realities of neocolonial exploitation. Glencore accounts for a significant portion of global coal production, operating mines in countries like Colombia, South Africa, and Australia, while systematically ravaging environments and trampling human rights.
Its operations in the Democratic Republic of Congo (DRC) are a stark example, where investigations revealed years of waste acid discharge from its Luilu copper refinery, causing severe pollution and ongoing spills. Glencore’s denial of responsibility for child labour at its sites, instead blaming impoverished locals, is a cynical attempt to deflect from its own complicity. Further exposing its predatory practices, the Paradise Papers leak unveiled Glencore’s ties to controversial figures who facilitated the acquisition of undervalued mining rights, robbing the DRC of a tenth of its annual budget.
Glencore’s corruption extends across Nigeria, Côte d’Ivoire, and Cameroon, with its former head of oil trading and four executives facing UK bribery charges, including allegations of flying cash bribes on private jets. In South America, its copper mining has poisoned indigenous lands and rivers in Peru, devastating the health and livelihoods of the Quechua and K’ana peoples while denying compensation. The company’s dark history also includes funding state security forces and paramilitary groups in Colombia and the Philippines to intimidate and murder communities resisting its exploitation.
Funded: £44m
Climate Crisis
gaza genocide
Adani Enterprises is the largest private coal company in the world, a conglomerate built on environmental destruction, political corruption, and militarised violence. Led by billionaire Gautam Adani, the company’s reach extends from coal fields in Australia to the war zone in Gaza, profiting at every turn.
Adani’s ethical bankruptcy extends beyond environmental concerns. Through a joint venture with Israeli weapons manufacturer Elbit Systems, the company produces Hermes 900 drones—the same drones used in the genocide of Palestinians in Gaza. These so-called “battle-tested” drones also patrol India’s borders with Pakistan.
Gautam Adani’s close ties to Prime Minister Narendra Modi have drawn allegations of cronyism, with his firms frequently winning state energy and infrastructure tenders. Publicly, he has praised Donald Trump as an “embodiment of unbreakable tenacity”, reflecting alliances with authoritarian leaders.
Communities in India, Indonesia, and Australia suffer the consequences of Adani’s profits, while the company accelerates climate change.
Funded: £73m
Climate Crisis
GAZA GENOCIDE
As one of the world’s top five private oil giants, Chevron has left a trail of devastation across continents—from the toxic ruins of Ecuador’s Amazon to the militarised gas fields fueling Israel’s war machine. The company ranks as history’s fourth-largest carbon polluter, yet responds to legal accountability with ruthless retaliation, spending billions harassing environmental lawyers.
Chevron’s operations are steeped in blood. It bankrolled Myanmar’s military junta, financed violent repression near the Chad-Cameroon pipeline, and faces multiple genocide accusations. Now, its Israeli gas fields—Tamar and Leviathan—power both apartheid and genocide. By supplying 70% of Israel’s electricity, Chevron enables the very military bases enforcing Gaza’s blockade and bombing campaigns. When Israel destroyed Gaza’s power plant, it forced Palestinians into dependence on Chevron-backed energy—a cruel stranglehold the company profits from.
Weapons Companies bankrolling the Gaza Genocide and Cont. Weapons
Funded: £1.7BN
gaza genocide
controversial weapons
Honeywell International, a global conglomerate, is deeply entrenched in the machinery of conflict, contributing critical components to Israel’s military operations, particularly implicated in the ongoing genocide in Gaza. Its precision-guided munitions have been identified in devastating strikes, including the airstrike on the U.N.-run al-Sardi school on 6th June 2024, which brutally claimed the lives of at least 40 Palestinians, including 14 children.
Beyond its immediate complicity in the Gaza genocide, Honeywell is a linchpin of the US nuclear weapons programme. As the sole manufacturer of critical navigation systems for weapons like the Minuteman III nuclear missile, and a key subcontractor on the Sentinel programme, the company underpins the modernisation of these apocalyptic arsenals. Its subsidiary’s oversight of the Kansas City National Security Campus, responsible for 85% of non-nuclear components for US nuclear weapons, and its operation of the Nevada National Security Site, further highlight its profound connection to instruments of mass destruction.
Funded: £2.3BN
gaza genocide
controversial weapons
Lockheed Martin, the world’s largest arms manufacturer, stands as a linchpin of global military-industrial power, supplying Israel with some of its most advanced and lethal weapons. The company’s AGM-114 Hellfire missiles have been deployed in Gaza, including a November 2023 strike near Shifa Hospital that killed journalists and other civilians.
Beyond its role in conventional warfare, Lockheed Martin is central to the global nuclear arms race. The company is responsible for the design, production, and modernisation of nuclear delivery systems, notably the Minuteman III intercontinental ballistic missile, as well as subcontracting for the Sentinel modernisation programme and maintaining Trident II missiles for both the US and UK. Through these contracts, Lockheed Martin ensures the continued operation and lethality of nuclear arsenals that threaten global security.
Funded: £70M
gaza genocide
As Israel’s largest weapons manufacturer, Elbit Systems has built its empire on technology tested in the relentless oppression and genocide of Palestinians. The company’s Hermes drones and precision-guided munitions are tools of occupation, deployed in Gaza’s repeated bombardments and marketed worldwide as “combat-proven.” This chilling sales pitch means Palestinian lives become the testing ground for equipment later sold to global security forces.
Elbit’s surveillance systems enforce apartheid walls, its artillery targeting systems guide strikes on civilian areas, and its drones patrol Gaza’s skies—all while the company posts record profits. With factories in Israel, the UK and US, Elbit has made itself indispensable to both Israel’s military campaigns and the global arms trade, supplying repressive regimes from Azerbaijan to the Philippines.
Funded: £1.2bn
gaza genocide
CONTROVERSIAL WEAPONS
RTX, formerly known as Raytheon Technologies, is a major player in the global arms industry and a prime contractor for the United States’ newest generation of nuclear weapons. The company leads the development of the Long Range Standoff missile, a nuclear-capable weapon designed to be launched from bombers and to evade modern defences, reinforcing America’s nuclear strike capabilities. RTX’s influence extends further through its subsidiary, Collins Aerospace, which is building crucial command and control systems for the US Air Force’s next-generation Sentinel missile. These projects place RTX at the core of efforts to modernise and expand the US nuclear arsenal.
RTX supplies the Israeli Air Force with guided air-to-surface missiles for its F-16 fighter jets, as well as cluster bombs and “bunker buster” bombs, although there is no conclusive evidence that Israel has been using them in Gaza since October 2023. RTX subsidiary Pratt & Whitney manufactures engines for F-15 and F-16 fighter jets.
Funded: £494M
controversial weapons
As a key subcontractor for Triad National Security, Huntington Ingalls Industries plays a shadowy yet pivotal role in America’s nuclear weapons complex, directly enabling the production of plutonium pits—the deadly cores of thermonuclear warheads. The company’s expertise in “pit production and plutonium manufacturing” makes it a critical enabler of the US government’s reckless nuclear expansion, including its controversial $1.7 trillion programme to modernise its arsenal. Huntington Ingalls fuels the machinery of global annihilation, helping to build weapons capable of ending civilisation in minutes; underscoring its profit-driven complicity in a system that perpetuates existential risk for generations.
Funded: £1.3BN
gaza genocide
controversial weapons
L3Harris Technologies is deeply embedded in the global arms trade and plays a pivotal role in equipping Israel’s military with advanced, highly destructive technology. As the world’s ninth largest weapons manufacturer, L3Harris produces over 1,600 components for the F-35 fighter jet—Israel’s primary weapon in its relentless bombardment of Gaza, responsible for widespread civilian casualties and devastation. The company’s systems are also integral to Israel’s Sa’ar-class warships, which enforce the illegal naval blockade, strangling Gaza’s access to essential goods and humanitarian aid. L3Harris is a key supplier of guidance kits and bomb components used in the precision-guided munitions that have levelled entire neighbourhoods and targeted civilian infrastructure in Gaza.
Beyond conventional arms, L3Harris contributes to the US and UK’s nuclear weapons programmes, supplying components for the Trident II ballistic missiles and participating in the Sentinel nuclear missile modernisation through Northrop Grumman.
Companies bankrolling MIGRANT ABUSE
Funded: £398M
migrant abuse
gaza genocide
controversial weapons
Airbus SE, headquartered in the Netherlands, is a multinational military and aerospace company that specializes in manufacturing commercial and military aircraft. Between 2008 and July 2024, the U.S. government awarded Airbus over $7.5 billion of contracts, the vast majority of which were held by the Departments of Defense (DHS) and Homeland Security (DHS).
U.S. immigration authority Customs and Border Protection (CBP) uses Airbus helicopters as part of its Air and Marine Operations (AMO) fleet. In 2023 alone, AMO’s enforcement resulted in 1,004 arrests and 89,909 apprehensions of immigrants. According to Airbus, it has provided aircraft for U.S. border enforcement operations since the 1980s.
CBP uses the Airbus AS350 Light Enforcement Helicopter (LEH) for “aerial patrol and surveillance of stationary or moving targets,” particularly in metropolitan areas. These helicopters are equipped with electro-optical (day) and infrared (night) sensors. Airbus has provided CBP with more than 100 helicopters from this series over the years, but started providing CBP with new and improved H125 helicopters, “uniquely configured” for the agency, in 2020. Airbus has described the new model as “one of the most advanced, high-tech law enforcement helicopters ever developed.”
CBP has also used the smaller Airbus EC120 helicopter as a “highly-effective aerial surveillance platform in the border desert areas where terrain can be difficult to traverse on foot.” CBP has frequently used this aircraft to assist ground agents in detecting traces left behind by people crossing the desert.
Airbus has collaborated extensively with Israeli Aerospace Industries (IAI) and between 2008 and 2021 applied for a UK export license to sell weapons to Israel. IAI and Airbus also have historically collaborated in joint commercial ventures. In 2011, Airbus Military and IAI came together to sign a Memorandum of Understanding to develop and market the C295 platform (a combat aircraft with surveillance systems). In 2018, Airbus signed a $600million deal with IAI to lease Heron TP drones to Germany’s Defence Ministry. These are unmanned drones which have been used in Gaza since October 2023, and have been reportedly deployed by German forces in Afghanistan for ‘a number of years’.
Airbus Defence and Space Airborne Solutions, a 100% subsidiary of Airbus, also partners with IAI to operate maritime aerial surveillance services for the European Border Agency. These drones, previously tested in operations conducted by the Israeli armed forces, are used to intercept migrant vessels crossing the Mediterranean. According to Statewatch, the choice of these drones was determined by their “performance… in the maintenance of public order by the Israeli Defence Forces and police forces”, implicating them in the ongoing enforcement of Israel’s system of colonial occupation and apartheid. Airbus has thus not only profited from – and helped Israel to profit from – the sale of weapons tested on Palestinians, but the company has also enabled Israel to establish itself as a leading provider of defence and commercial technologies on the global stage.
Funded: £579m
migrant abuse
controversial weapons
From nuclear weapons labs to migrant detention camps, Leidos operates at the sinister intersection of mass surveillance and militarised violence. The US defence giant co-manages the Y-12 National Security Complex—birthplace of the Hiroshima bomb’s uranium core—while simultaneously profiting from Britain’s escalating border regime. Its technologies power a dystopian vision of control: drones patrol coastlines, biometric databases track migrants indefinitely, and telecoms surveillance systems monitor entire communities under the guise of counterterrorism. In the UK, Leidos’ data collection and facial recognition systems turn borders into automated checkpoints, where human rights yield to algorithmic policing. Its central role in the UK’s Biometric Programme creates a permanent digital leash for migrants, enabling round-the-clock tracking under the guise of “efficiency.”
JP MORGAN serves as a stockbroker for Serco
gaza genocide
MIGRANT ABUSE
Serco has perfected the art of monetising state violence, enabling the surveillance and detention of racialised communities. Serco runs four “immigration removal centres”, including the infamous Yarl’s Wood, as well as, the UK’s GPS tagging program for migrants and asylum seekers, subjecting them to 24/7 surveillance.
Serco’s management of Yarl’s Wood Immigration Removal Centre since 2007 has been marked by persistent allegations of abuse. Multiple investigations have revealed a culture of sexual violence, with detainees reporting coercion by guards. “If you have to open your legs you will,” one survivor testified, “You think that is the only way you are able to speak to your family”. Electronic monitoring of asylum seekers has been found unlawful and causes severe psychological and physical harm.
Serco plays a sinister role in sustaining Israel’s genocidal regime by providing critical military support. The company boasts of its work in “modernising and sustaining core weapons systems,” including naval and aerial platforms used by allied forces—among them, Israel’s genocidal military. Serco Australia has a contract to maintain Rafael’s Typhoon and Mini-Typhoon remote weapon stations—the same systems used by Israeli forces to slaughter Palestinians.