Copenhagen University has decided to stop investing in companies operating in Israeli settlements, Reuters has reported.
Amid student protests pressuring the campus to cut financial and institutional ties with Israel, the University of Copenhagen says that it will stop investing in companies doing business in the occupied West Bank.
The university has announced that it will, as of May 29, divest its holdings worth a total of about 1 million Danish crowns ($145,810) in Airbnb, Booking.com, and eDreams.
The university also said that it would work with fund managers to manage its investments and ensure they comply with a United Nations list of companies involved in illegal Israeli settlements in the West Bank.
The University of Copenhagen has a yearly revenue of over 10 billion crowns, some of which is invested in bonds and equities.
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