HEADQUARTERS
Global: NY, USA; EMEA London, United Kingdom
publicly traded
YES
largest shareholders
Mitsubishi UFJ Financial Group (23.4%)
Vanguard Fiduciary Trust Co (7.4%)
State Street Corp (6.5%)
BlackRock Advisers LLC (4.6%)
JP Morgan Investment Management Inc. (2.4%)
Capital Research & Management Co. (International Investors) (1.7%)
Geode Capital Management LLC (1.7%)
operations
Global; 42 countries
total assets
$1,353.87 billion
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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£65,907,232,000
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£3,942,000,000
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£6,365,600,000
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£864,000,000
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#12 bank financing fossil fuels in 2024
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#10 biggest funder of arms companies complicit in the genocide in Gaza
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#10 largest share and bondholder in nuclear weapon companies
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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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migrant abuse
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BP
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£1.4bn
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ENI
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£594m
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EXXON MOBIL
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£787m
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EQUINOR
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£445m
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TOTAL ENERGIES
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£437m
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BOEING
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£1.6bn
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RTX
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£1.4bn
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LOCKHEED MARTIN
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£858m
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HONEYWELL
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£886m
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AIRBUS
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£569m
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JACOBS SOLUTIONS
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£295m
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Fossil fuel companies bankrolling the climate crisis
Funded: £437m
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: £594m
Climate Crisis
gaza genocide
ENI Energy, the Italian oil and gas supermajor, operates across 60+ countries, leaving a trail of neocolonial exploitation and environmental devastation, particularly in Africa. Its record includes the discovery and continued extraction from Egypt’s massive offshore gas field, alongside the egregious launch of Africa’s first tar sands project in the ecologically vital Congo Basin, threatening invaluable biodiversity and the livelihoods of thousands. The company’s staggering negligence is laid bare by its Nigerian subsidiary’s 52 oil spills between 2021 and 2023, which ravaged local rivers and crops. Worse, ENI not only provided misleading information about the damages but also brazenly refused compensation or acknowledgment for the suffering inflicted on affected communities.
ENI’s complicity extends to the unfolding genocide in Gaza. Just weeks after Israel’s assault on Gaza escalated in late 2023, ENI secured a licence to explore gas fields off Israel’s coast—territory widely recognised as Palestinian maritime waters. Revenues from these projects directly bolster Israel’s military, fuelling its campaign of destruction.
Funded: £787m
Climate Crisis
gaza genocide
ExxonMobil is a titan of the fossil fuel industry, its operations spanning six continents and its profits built on a foundation of deceit and devastation. By the late 1970s, its own scientists had mapped out the catastrophic consequences of burning fossil fuels—yet ExxonMobil chose to bury the truth, unleashing a decades-long campaign of climate denial and misinformation that poisoned public debate and delayed climate action. The company poured millions into discrediting climate science, manipulating policy, and silencing dissent, all while its executives privately acknowledged the lethal risks of their products.
ExxonMobil’s legacy is soaked in blood and oil. In 2003, the company began supplying Israel with aviation and military fuel, which it has been continuing until today. In light of the International Court of Justice’s 2024 ruling that Israel is plausibly committing genocide in Gaza, also means that Exxon may be legally liable for complicity in acts of genocide.
Its history is scarred by complicity in coups, such as its role in overthrowing Iran’s democratic government, and by direct involvement in human rights atrocities: Indonesian villagers in Aceh alleged torture, sexual violence, and mass graves at the hands of soldiers guarding Exxon’s gas fields. The company has weaponized international law to sue governments for daring to protect their environment, while suing its own shareholders for demanding climate responsibility.
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: £1.4bn
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.
Weapons Companies bankrolling the Gaza Genocide and Cont. Weapons
Funded: £1.6bn
controversial weapons
gaza genocide
Boeing is not only a global aerospace giant but also a pivotal enabler of the Israeli genocide of Palestinians. The company has supplied Israel with vast quantities of advanced weaponry, notably its Joint Direct Attack Munition kits, which convert unguided bombs into precision-guided munitions. These Boeing-manufactured weapons have been linked to numerous deadly attacks on densely populated civilian areas, in what Amnesty International and other human rights organisations have condemned as potential war crimes. Boeing’s Apache attack helicopters and F-15 fighter jets have also played a central role in Israeli military campaigns, further amplifying the scale and lethality of operations in Gaza.
Beyond its role in conventional warfare, Boeing is a key contractor in the U.S. nuclear weapons program, maintaining and supporting the guidance systems for Minuteman III intercontinental ballistic missiles, which are central to the U.S. nuclear arsenal. This dual role—supplying both conventional and nuclear arsenals—places Boeing at the heart of global military-industrial power, with its products implicated in both genocide and the ongoing threat of nuclear escalation.
Case study: Joint Direct Attack Munitions used on Palestinians
- Deir al-Balah, Gaza
- Owner: Boeing
On 10 and 22 October 2023, two Israeli air strikes—using Boeing-manufactured Joint Direct Attack Munitions —killed 43 civilians, including 19 children, in Deir al-Balah, Gaza. Amnesty International’s forensic analysis confirmed Boeing’s JDAM fragments and manufacturing codes in the rubble of destroyed homes, where survivors reported no prior warning. The attacks, lacking any apparent military objective, obliterated families and left survivors in shock.
US-made weapons facilitated the mass killings of extended families
Funded: £1.4bn
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: £886M
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: £858M
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.
Companies bankrolling MIGRANT ABUSE
Funded: £569m
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: £295m
migrant abuse
controversial weapons
Jacobs Solutions, previously known as “Jacobs Engineering”, is a U.S. based company that provides consulting, technical, scientific and project delivery services for the government and private sector. Jacobs Engineering completed its acquisition of another nuclear weapon component producer, CH2M Hill, in 2017. On 20 November 2023, Jacobs announced a definitive agreement to spin-off and combine its Critical Mission Solutions and Cyber & Intelligence government services businesses with Amentum, a private equity-owned U.S. government services company involved in the management and operation of the Lawrence Livermore National Laboratory and the Los Alamos National Laboratory. In the financial year ending 27 September 2022, Jacobs generated revenues of $14.9 billion.
38 construction workers from the Philippines filed a complaint against the U.S. companies Jacobs Solutions and CH2M Hill and their subsidiaries (collectively, “Defendants”) for allegedly managing construction projects that used trafficked and forced labor. The plaintiffs worked on stadiums built for the FIFA 2022 World Cup in Qatar, where they … allege they were trafficked and then forced to work…
Plaintiffs claim Defendants managed and oversaw a construction venture that subjected them to inhumane working and living conditions and abuse, including by misrepresenting the terms of their employment in Qatar, forcing Plaintiffs to work inhumane hours and forcing them to live in inhumane conditions, and/or underpaying them or denying them payment for their work. The Plaintiffs also allege Defendants confiscated their passports, trapping them in Qatar, and forcing them to continue to work in violation of the U.S. Trafficking Victims Protection Reauthorization Act.