HEADQUARTERS
Singapore
publicly traded
YES
LARGEST SHAREHOLDERS
Temasek Holdings Pte Ltd. (Investment Company) (28.18%)
operations
Global; largest influence in South East Asia, Australia, UEA, UK
total assets
£477 billion (SGD 827 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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£11,032,832,000
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£988,000,000
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£1,631,200,000
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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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ADANI
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£94m
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CONOCOPHILLIPS
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£130m
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GLENCORE
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£305m
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AIRBUS
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£257m
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BOEING
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£612m
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HONEYWELL
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£387m
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ROLLS-ROYCE
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£256m
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RTX
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£120m
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Fossil fuel companies bankrolling the climate crisis
Funded: £305m
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: £130m
Climate Crisis
ConocoPhillips, an American multinational energy corporation, stands as a major global player in oil and gas exploration and production, whose pursuit of fossil fuel interests often comes at a devastating environmental cost. Despite mounting climate crises, the company continues to push for expansive projects, most notably its Willow project in Alaska’s Western Arctic. This colossal oil venture, fiercely opposed by environmental groups and Indigenous communities, is set to unleash immense carbon emissions, directly undermining global efforts to combat climate change and threatening critical Arctic ecosystems.
Funded: £94m
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.
Weapons Companies bankrolling the Gaza Genocide and Cont. Weapons
Funded: £612m
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: £120m
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.
Funded: £387m
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: £257m
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: £256m
gaza genocide
controversial weapons
Rolls-Royce, the UK’s second-largest arms manufacturer, is deeply entwined with both Britain’s nuclear weapons programme and Israel’s machinery of war in Gaza. Through its German subsidiary MTU, Rolls-Royce supplies the engines powering Israel’s Merkava 4 and 5 tanks, Namer armoured personnel carriers, and Eitan armoured fighting vehicles—hardware extensively deployed during the 2023 ground invasion of Gaza, including in attacks on medical facilities such as Shifa Hospital. These engines are the most significant Merkava component made outside Israel, forming the backbone of armoured assaults that have killed thousands and devastated civilian infrastructure. Rolls-Royce also provides propulsion systems for 80% of the Israeli Navy’s patrol boats, which enforce the illegal and deadly blockade of Gaza.
On the nuclear front, Rolls-Royce holds contracts to supply reactor cores for the UK’s Trident missile submarines, directly supporting Britain’s weapons of mass destruction.