Conflict Zone Operations
Conduct Screen Geopolitical Conflict
Companies operating in or materially supporting activities in active conflict zones — providing goods, services, or infrastructure that sustain armed conflict, or profiting from conflict conditions. For a company with conflict zone operations to avoid exclusion, an affirmative argument is required that the civilian population would be materially worse off without the company's service (e.g., the only source of heat, power, or essential infrastructure). Partnering with a junta to extract resources is categorically different from providing essential civilian services in a conflict-affected area. Includes resource extraction in conflict-affected areas (conflict minerals), military logistics in war zones, and commercial operations that fund belligerents. Distinct from occupied_territories (specific internationally recognized occupations) and military_contracting (defense sales channel).
107 companies currently excluded under this screen
Excluded Companies (107 total)
Showing 25 of 107 companies excluded under this screen.
| Ticker | Company | Reason |
|---|---|---|
| ESLT | Elbit Systems Ltd | Elbit Systems Ltd is an international military technology company and defense contractor headquartered in Israel. Its core business is developing and producing weapons, combat systems, and surveillance technology for land, air, sea, cyber, and space domains. The company’s products and services are integral to the operations of militaries in active conflict zones. The company’s systems have been directly linked to military operations in Gaza. During Israel’s “Operation Guardian of the Walls” in 2021, Amnesty International documented evidence of war crimes in attacks that killed at least 261 Palestinians. Elbit’s technology was reportedly used in these assaults. In 2026, a legal complaint filed with the UK Metropolitan Police detailed public evidence linking Elbit Systems to attacks in Gaza and called for an investigation of the company’s UK directors. Further, the company has faced allegations regarding its operations in Sudan, with the Business and Human Rights Resource Centre documenting links to widespread abuses, to which Elbit did not respond. Elbit Systems explicitly ties its corporate mission to sustaining armed conflict. In its 2023 ESG report, the company stated, “Our Company's contribution to the war effort during this period also strengthened our recognition of the fact that the security of the State of Israel is interwoven with our own existence and prosperity.” This statement confirms the company’s business model is fundamentally dependent on and profits from conditions of active armed conflict. |
| AVAV | AeroVironment Inc | AeroVironment, Inc. is a pure-play military contractor whose entire commercial identity is built around lethal and surveillance drone systems for armed forces. The company designs and manufactures the Raven, Puma, Wasp, and Switchblade product lines — small unmanned aerial systems sold to the U.S. Department of Defense and foreign militaries — alongside counter-UAS platforms and, following its 2025 acquisition of BlueHalo, directed energy and space communications systems. The Switchblade 600 is a loitering munition — a drone that detonates on impact — marketed explicitly as a direct-fire system for contested battlefields. Around October 30, 2023, Israel submitted a request to purchase 200 Switchblade 600 loitering munitions for use in its military operations in Gaza, the West Bank, Lebanon, and Syria, according to AFSC Investigate. The Puma 3 AE reconnaissance drone has a separate operational history: U.S. Customs and Border Protection awarded AeroVironment a $5.25 million contract for Puma 3 AE systems in 2019, deploying them for persistent aerial surveillance of the U.S.-Mexico border. A 2018 DHS Inspector General report found that CBP had not ensured effective safeguards for the surveillance data those drones collected. There is no civilian product line, no dual-use ambiguity to resolve, and no non-military revenue stream to weigh against the conflict-zone deployments. The company's financial exposure to active conflict zones is not incidental to its business model — it is the business model. |
| HON | Honeywell International Inc. | Honeywell International Inc. operates a substantial Aerospace and Defense Technologies segment, which accounted for approximately 36% of its 2024 net sales. This business unit provides critical avionics, propulsion components, and integrated systems for military aircraft, including the F-35 fighter jet. The company actively markets these technologies to support military operations globally, stating its solutions help armed forces "stay mission ready." In 2021, the U.S. Department of State concluded a $13 million settlement with Honeywell over alleged violations of the Arms Export Control Act and the International Traffic in Arms Regulations. The settlement resolved allegations that the company exported technical drawings for components used on various military aircraft, including the F-22 and F-35 fighters, to unauthorized countries. This enforcement action demonstrates Honeywell’s role in the global defense supply chain for active conflict zones. While Honeywell announced a wind-down of its existing operations in Russia following the 2022 invasion of Ukraine, its core business model remains predicated on supplying advanced technology to military operations worldwide. The company has also signaled its intent to expand defense services in Europe in response to increased military spending driven by the conflict. There is no public evidence that Honeywell’s activities in conflict zones are limited to providing essential civilian services that would meet the affirmative defense for exclusion. |
| BEZQ | Bezeq the Israeli Telecom Corp | Bezeq The Israeli Telecommunication Corp provides telecommunications infrastructure and services that materially sustain Israeli military operations in the occupied West Bank. The company operates hundreds of active cellular antennas and provides fiber optic and landline services to Israeli settlements, which are illegal under international law and central to the ongoing conflict. These services are integral to the functioning of the settlements and the military apparatus that enforces the occupation. The Council on Ethics for the Norwegian Government Pension Fund Global recommended Bezeq's exclusion due to an unacceptable risk of contributing to serious human rights violations in situations of war or conflict. The recommendation, adopted by the fund's executive board in December 2024, cited the company's provision of telecom services to Palestinian areas in the West Bank as supporting the infrastructure of the occupation. Non-governmental organizations have specifically accused Bezeq of being complicit in human rights violations by providing services to illegal settlements. While telecommunications are an essential civilian service, Bezeq's operations in this context go beyond providing neutral infrastructure. The company's services directly enable and profit from the expansion and maintenance of settlements in a conflict zone, with no public affirmative argument that the civilian Palestinian population would be materially worse off without these specific services. |
| WSPOF | WSP Global Inc | WSP Global Inc. is a Canadian engineering and professional services firm that provides strategic advisory, engineering, and design services for infrastructure projects globally. The company has been identified as operating in and materially supporting activities in active conflict zones. A 2024 submission to the UN database of businesses operating in illegal Israeli settlements details that WSP is an integral part of the extension of the Jerusalem Light Rail, a project that facilitates the expansion of settlements in occupied East Jerusalem. In 2022, a coalition of 105 organizations submitted a request for WSP’s inclusion in that same UN database, citing its operations in illegal settlements. Furthermore, the company has continued to secure infrastructure work in Saudi Arabia amid the Saudi-led war in Yemen. In December 2024, public protests across Canada marking eight years of that war specifically named WSP Global Inc. and demanded Canada end arms deals with Saudi Arabia, linking the company to the conflict economy. Engineering News-Record’s 2025 ranking of top international design firms also lists WSP Global Inc. as working in regions affected by conflict, noting that "the extent of the war zone" is a factor in global contracting. The company’s services in these contexts provide the engineering and logistical support that sustains infrastructure for parties engaged in armed conflict. |
| PGCSF | Prosegur Compañía de Seguridad, S.A. | Prosegur’s subsidiary in Brazil has been implicated in severe acts of violence and abuse against Indigenous peoples in the context of land disputes. The company provided security services to agribusiness and mining interests operating in contested territories, where conflicts over land have resulted in hundreds of deaths. From 2000 to 2021, 284 people were killed in connection with such disputes in Brazil, with private security forces often involved. A formal complaint submitted to the European Parliament in March 2024 alleged Prosegur’s complicity in these human rights violations, prompting a parliamentary question to the European Commission. The Council on Ethics for the Norwegian Government Pension Fund Global highlighted these allegations in a 2024 assessment, citing the subsidiary’s involvement in providing security services linked to the abuse of tribal peoples' rights. While Prosegur has issued categorical rejections of the accusations and points to its human rights policy and code of ethics, the specific, grave allegations from on-the-ground sources and the scrutiny by a major sovereign wealth fund’s ethics council warrant exclusion. The pattern links the company’s core security service operations to outcomes of torture, cruel treatment, and violence against vulnerable populations. |
| OR | PTT | PTT, through its subsidiary PTT Exploration and Production (PTTEP), operates the Yadana and Zawtika offshore natural gas projects in Myanmar. These operations generate substantial revenue for the state-owned Myanmar Oil and Gas Enterprise (MOGE), a key financial pillar for the military junta that seized power in a 2021 coup. Human Rights Watch and Justice For Myanmar have documented that payments to MOGE directly fund the military’s campaign of violence and war crimes against civilians. The company has expanded its partnership with military-linked entities in Myanmar since the coup. Human Rights Watch reported in May 2021 that PTT was partnering with such companies to deepen its engagement. PTTEP took over operatorship of the Yadana gas field from TotalEnergies in 2022, following the French company's withdrawal citing deteriorating human rights conditions. This continuation of operations, amid widespread international condemnation and evidence of the military’s atrocities, constitutes material support to an active conflict zone. There is no affirmative argument that this specific offshore gas extraction serves an essential civilian need for the population of Myanmar; rather, it provides critical foreign currency to a regime engaged in armed conflict against its own people. |
| MZTF | Mizrahi Tefahot Bank Ltd. | Mizrahi Tefahot Bank provides the financial services necessary for the construction and maintenance of Israeli settlements in the occupied West Bank. These settlements are widely considered illegal under international law and are a central feature of the ongoing Israeli-Palestinian conflict. By offering mortgages, loans, and banking infrastructure in these areas, the bank materially supports activities that perpetuate conflict conditions and contribute to human rights violations against Palestinian communities. The Council on Ethics for the Norwegian Government Pension Fund Global has explicitly recommended the bank's exclusion, stating that by providing these indispensable financial services, Mizrahi Tefahot facilitates settlement construction that violates the rights of individuals in situations of war and conflict. A 2018 report titled "Bankrolling Abuse: Israeli Banks in West Bank Settlements" detailed the scope of such banking activities and the violations to which they contribute. The bank's operations in these conflict-affected areas do not meet the affirmative defense of providing an essential service to a civilian population that would otherwise be deprived; instead, they support the expansion of settlements that are a primary driver of the conflict. |
| EC | Ecopetrol S.A. | Ecopetrol, Colombia's state-controlled oil company, has been the subject of multiple, serious allegations of complicity in human rights violations connected to its operations. These allegations, documented by human rights organizations and reported to bodies like the Inter-American Commission on Human Rights, include the company's alleged role in creating conditions for extrajudicial killings, torture, and intimidation of activists and community leaders in areas where it operates. More than 20 complaints have been filed with the IACHR specifically citing human rights violations caused by Ecopetrol's activities. The accusations are not isolated to a single incident but point to a pattern of harm. Reports detail cycles of intimidation and violence suffered by activists who oppose oil projects, including in the Arauca region where a human rights defender was murdered. The company has faced formal challenges over its human rights record for more than a decade, with allegations linking state security forces protecting Ecopetrol infrastructure to massacres. While the company has acknowledged internal security protocol violations, the broader allegations of its complicity in grave abuses by external actors remain a persistent feature of its operational footprint. |
| BKNG | Booking Holdings Inc. | Booking Holdings, through its Booking.com platform, facilitates and profits from tourism accommodations in illegal Israeli settlements in the occupied West Bank. These settlements are widely recognized under international law as constituting a serious violation of the rights of Palestinians and are a core feature of the ongoing conflict and occupation. By listing properties in these settlements, the company’s commercial operations provide material support to an economic infrastructure that sustains the conflict and entrenches displacement. Human rights organizations have filed legal complaints accusing Booking.com of “facilitating occupation” and profiting from war crimes. A May 2024 complaint argued that revenues from settlement properties constitute proceeds from criminal activities. Despite a stated commitment to provide transparent information to customers about listings in conflict-affected areas, the company continues to offer accommodations in several illegal settlements, as documented in a November 2025 report. This activity directly contravenes the affirmative defense for conflict zone operations, as the service provided is not an essential civilian necessity but rather tourism that normalizes and funds an unlawful situation. |
| LMT | Lockheed Martin Corporation | Lockheed Martin Corporation is a principal contractor for the U.S. Department of Defense and a leading global arms manufacturer. Its core business is the development and sale of advanced weapons systems, including fighter jets, missile defense systems, hypersonic weapons, and combat ships. In 2022, approximately 97% of its $66 billion in net sales were to the U.S. government and foreign military customers. The company states its products are designed to “enhance deterrence to armed conflict” and provide “decisive” capabilities should conflict occur. These weapon systems are directly deployed in active conflict zones. For example, Lockheed Martin’s F-35 Lightning II fighter jets are flown by multiple nations in combat operations, and its Javelin anti-tank missiles and HIMARS rocket systems have been extensively used in the war in Ukraine. The company materially sustains armed conflicts by being a primary supplier of the core technology used in modern warfare. There is no affirmative argument that the civilian population in these zones would be materially worse off without the provision of these offensive and defensive weapon systems; the company’s role is that of a war-industrial supplier, not a provider of essential civilian services. |
| LHX | L3Harris Technologies, Inc. | L3Harris Technologies is a major defense contractor whose products and services are integral to modern military operations in active conflict zones. The company's core business involves developing and supplying advanced communications systems, electronic warfare, intelligence, surveillance, and reconnaissance (ISR) systems, and space avionics, which are deployed by armed forces globally. In 2025, the company received orders expected to total $214 million to support the digitalization of Germany’s land-based operations, illustrating its role in equipping allied militaries. The U.S. Department of State concluded a $13 million settlement with L3Harris in 2019 for alleged export violations, underscoring the global reach and regulatory scrutiny of its defense trade. While the company states its initiatives assist governments through contracting, its products are enabling technologies for warfare. There is no affirmative evidence that L3Harris's operations in conflict zones provide an essential civilian service, such as power or heat, that would materially benefit the civilian population absent the conflict. Instead, its business model is built on supplying mission-critical capabilities to military customers engaged in active hostilities. |
| AFHL | Afcon Holdings Ltd | Afcon Holdings Ltd., an Israeli company based in Petah Tikva specializing in control, automation, and electro-mechanical systems, provides substantial operational support to Israeli military and security infrastructure. Afcon's subsidiary Afcon Control and Automation is the authorized Israeli dealer of CEIA metal detectors, documented at Israeli military checkpoints including the Cave of the Patriarchs checkpoint in Hebron, the Beit Iba checkpoint, the Erez checkpoint in Gaza, and checkpoints in the occupied Jordan Valley. Between 2017 and 2020, Afcon received multiple contracts from the Israeli Civil Administration for magnetometer maintenance, metal detector supply, multimedia systems (NIS 315,498), and queue management systems (NIS 43,742) supporting the Meitar biometric ID card system used to control Palestinian movement through checkpoints. In 2018, the Israeli court approved a NIS 280 million contract for Afcon to carry out electrification of the Tel Aviv-Jerusalem railway, which crosses the Green Line into occupied Palestinian land. In 2019, Afcon won a NIS 230 million tender as main contractor for an Israeli Ministry of Defense office building. The OHCHR's 2025 settlements database lists Afcon among 158 companies. |
| PLTR | Palantir Technologies Inc. | Palantir Technologies provides its data integration and analytics platforms to military and intelligence agencies operating in active conflict zones, materially supporting armed conflict. The company’s technology is used to coordinate military data and operations among U.S. allies in the Middle East. In 2026, Palantir's CEO stated its AI gives the U.S. an edge in the Middle East conflict, and the company’s stock price has risen in response to regional escalation, trading like a defense stock. Palantir’s platforms are specifically deployed in high-conflict zones in the Middle East, where they are believed to enhance military targeting capabilities. The company acknowledges in its SEC filings that it provides platforms, products, personnel, and services to support operations in conflict zones. Amnesty International has raised concerns that Palantir’s AI-driven products, when improperly used in these zones, can contribute to serious human rights violations. There is no public evidence that Palantir’s work in these theaters is limited to providing essential civilian services that would leave the population materially worse off without it; its described role is to enhance military and intelligence operations. |
| OSIS | OSI Systems Inc | OSI Systems designs, manufactures, and sells security and inspection systems, including baggage scanners, cargo scanners, and vehicle inspection portals. These systems are deployed at border crossings, checkpoints, and other critical infrastructure sites globally. The company's products are used to enforce security and access control in active conflict zones. The company's own Conflict Minerals Policy acknowledges its products contain minerals that could finance armed groups, stating its aim to achieve a "'conflict free' supply chain – that is, a supply chain that does not directly or indirectly finance armed groups through mining or mineral trade." This policy implicitly recognizes the risk that its supply chain and products are linked to conflict conditions. OSI Systems provides the technological infrastructure for security screening and border control, which are essential functions for state and non-state actors managing territory and populations in conflict areas. There is no affirmative evidence that the company's operations in such zones provide an essential civilian service where the population would be materially worse off without it; its role is primarily one of enabling security and control. |
| SAIC | Science Applications International Corporation | Science Applications International Corporation (SAIC) derives approximately 99% of its $11 billion annual revenue from U.S. government contracts, predominantly with the Department of Defense. This core business model inherently places the company’s operations and services within active conflict zones where the U.S. military is engaged. The company holds a contract to train the Saudi Navy, directly supporting a military force engaged in the ongoing conflict in Yemen. SAIC files an annual Conflict Minerals Report with the SEC, disclosing that its supply chain includes tin, tantalum, tungsten, and gold that may originate from the Democratic Republic of the Congo or adjoining countries—a region characterized by protracted conflict and human rights abuses linked to mineral extraction. The company’s historical involvement in programs like the ACTUV (Autonomous Continuous Trail Unmanned Vessel) for the Defense Advanced Research Projects Agency (DARPA) further demonstrates its role in developing advanced military technology. No affirmative argument has been presented that SAIC’s activities in conflict zones provide an essential civilian service without which the local population would be materially worse off. |
| TXT | Textron Inc. | Textron Inc. manufactures and sells military platforms and weapons systems used in active conflict zones. Its Bell segment produces military helicopters, including the UH-1Y Venom and AH-1Z Viper, which are deployed in combat operations globally. Its Systems segment produces the Shadow tactical unmanned aircraft system (UAS), a key intelligence, surveillance, and reconnaissance platform used by the U.S. Army and international forces. Textron also historically produced cluster munitions, including the CBU-105 Sensor Fuzed Weapon. The company’s business model is materially linked to armed conflict. In 2011, the U.S. Army Contracting Command awarded Textron an $85 million contract related to its systems. The company files annual Conflict Minerals Reports, as required by the SEC, due to the use of tin, tantalum, tungsten, and gold in its products, acknowledging its supply chain touches conflict-affected areas. There is no public evidence that Textron’s operations in conflict zones provide an essential civilian service that would materially benefit the civilian population, which is the affirmative defense required under this exclusion category. Its role is to supply equipment for military operations. |
| SPEN | Shapir Engineering and Industry Ltd | Shapir Engineering and Industry Ltd is an Israeli construction and infrastructure firm whose operations materially support activities in active conflict zones. The company is involved in construction projects related to Israeli settlements in occupied East Jerusalem, including in the Gilo and Ramat Shlomo neighborhoods. These settlements are considered illegal under international law and are situated within a protracted and active territorial conflict. The company’s activities have been cited as constituting an unacceptable risk of contributing to human rights violations. In May 2021, Norway’s Government Pension Fund Global, one of the world’s largest sovereign wealth funds, excluded Shapir from its portfolio on this basis. The fund’s Council on Ethics recommended exclusion due to an unacceptable risk that the company contributes to systematic violations of individuals’ rights in situations of war or conflict through its construction activities. At the time of the decision, the fund held approximately $1 million in Shapir stock. Other institutional investors, including KLP and its funds, have subsequently made similar exclusion decisions citing the same risks. |
| AIR | AAR | AAR is a global aerospace and defense company that provides aftermarket products and services, including aircraft maintenance, repair, and overhaul (MRO). The company operates in numerous active conflict zones, providing critical logistics and sustainment services that directly support military aviation operations. According to AFSC Investigate, AAR maintains a significant and active presence in conflict-affected regions, including through contracts that support military operations in Ukraine and the Middle East. For a company with conflict zone operations to avoid exclusion under this policy, an affirmative argument is required that the civilian population would be materially worse off without the company's service. AAR's aviation MRO and parts supply services in these regions are not providing essential civilian infrastructure like heat or power; they are sustaining military air operations. This constitutes material support to activities in active conflict zones, falling under the exclusion criteria for companies that provide goods, services, or infrastructure that sustain armed conflict. |
| SNT | Senstar Technologies Ltd | Senstar Technologies Ltd., formerly Magal Security Systems Ltd., is a provider of physical intrusion detection and video management systems. The company's perimeter security solutions, including fence sensors and integrated surveillance platforms, are marketed globally for critical infrastructure protection. These systems are deployed in active conflict zones, including along borders and around military installations, where they directly support the security operations of belligerent parties. The company's technology has been integrated into security projects in regions of active armed conflict. While specific contract details are often confidential, the nature of the product—physical security for borders and strategic sites—means its deployment in conflict zones materially supports the military and security operations of the parties involved. There is no public evidence of an affirmative argument that Senstar's presence in these areas provides an essential civilian service that would leave the population materially worse off without it; its role is to harden security infrastructure. |
| SMTGY | SMA Solar Technology ADR | SMA Solar Technology AG supplies solar inverters and energy management systems to projects in Israel, including utility-scale solar installations. The company has established a direct presence in the Israeli market, operating a local subsidiary, SMA Solar Technology Israel Ltd. This business activity places the company's operations within an active conflict zone, as defined by international bodies monitoring armed conflict. For a company operating in a conflict zone to avoid exclusion, an affirmative defense requires demonstrating that the civilian population would be materially worse off without the company's service. SMA Solar's inverters support Israel's national electricity grid. While solar energy contributes to grid capacity, the company has not publicly articulated how its specific operations serve as essential civilian infrastructure unavailable from other providers in a manner that would meet this high threshold. Without such a demonstrated, essential civilian purpose, commercial activity in an active conflict zone falls under the exclusion criteria. |
| LUMI | Bank Leumi Le-Israel B.M. | Bank Leumi provides financial services that are a necessary prerequisite for construction activity in Israeli settlements in the West Bank, which are illegal under international law. The bank’s operations in these settlements facilitate their ongoing existence and expansion. The UN High Commissioner for Human Rights listed Bank Leumi in 2020 as one of the companies involved in business activities related to the illegal settlements. The Council on Ethics for the Norwegian Government Pension Fund Global recommended the bank’s exclusion on these grounds, concluding that by providing these services, Bank Leumi contributes to an ongoing breach of international humanitarian law. The fund’s Executive Board decided to exclude the bank in August 2025. While the bank provides general banking services and has made donations to support residents in conflict zones, these activities do not constitute an affirmative defense under the exclusion criteria, as the core service in question sustains the infrastructure of illegal settlements in an active conflict area. |
| ADANIPORTS | Adani Ports and Special Economic Zone Limited | Adani Ports and Special Economic Zone Limited (APSEZ) operates a container terminal in Yangon, Myanmar, through a lease agreement with the military-controlled Myanmar Economic Corporation (MEC). The MEC is a conglomerate owned by the Myanmar military, which has been engaged in an armed conflict with ethnic groups and is the subject of international sanctions following its 2021 coup. Revenue from the terminal flows to the military junta, providing material support to a regime accused of widespread human rights abuses. The company’s links to the Myanmar military were cited as the grounds for exclusion by Norway’s sovereign wealth fund (NBIM) in May 2024 and by the Norwegian pension fund KLP in June 2021. KLP’s assessment concluded the company’s presence in Myanmar represented an unacceptable risk of contributing to human rights violations in an active conflict zone. The terminal operation does not meet the affirmative defense for essential civilian services; it is a commercial port venture that partners with and enriches the military junta. |
| IVL | Indorama Ventures PCL | Indorama Ventures PCL is a major global chemical producer with operations in conflict-affected regions. The company's manufacturing footprint includes facilities in areas of active conflict, where its commercial activities risk providing material support to belligerents or profiting from conflict conditions. This includes operations in Myanmar, where the company's Indorama Ventures Olefins subsidiary operates a petrochemical complex. Since the 2021 military coup, Myanmar has been in a state of civil war, with the junta accused of widespread human rights violations. Operating a significant industrial facility in such a context creates risks of complicity, as the business may provide economic resources, infrastructure, or legitimacy to the military regime. The company has not presented an affirmative argument that its petrochemical production in Myanmar constitutes an essential civilian service that the local population would be materially worse off without, which is the threshold required to avoid exclusion under this policy. |
| FIBIH.TA | F.I.B.I. Holdings Ltd. | F.I.B.I. Holdings Ltd., the holding company for First International Bank of Israel (FIBI), provides essential financial services that facilitate the construction and maintenance of Israeli settlements in the occupied West Bank. The bank's lending and financing operations are a necessary prerequisite for the ongoing development of these settlements, which are established in violation of international law and constitute an ongoing breach of human rights. On August 25, 2025, the Norges Bank Executive Board decided to exclude FIBI Holdings Ltd. from the Government Pension Fund Global due to an unacceptable risk that the company contributes to serious violations of the rights of individuals in situations of war or conflict. The Council on Ethics for the fund concluded that by enabling settlement construction, the bank contributes to a situation characterized by systematic violations of international law. The company did not respond to allegations detailed in a "Financing Land Grab" report from the research group Who Profits. |
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