Her Musings (By Simran Sethi)

Dear Edinburgh Pride,

As a queer person living in Edinburgh, I was deeply saddened to learn that the march partner for Edinburgh Pride 2024 is Aegon.

In December 2023 the ‘Don’t Buy Into Occupation Coalition’ published a report that showed Aegon have US$564million invested via shares and bonds in companies operating in illegal settlements in Occupied Palestinian Territories. Source: https://dontbuyintooccupation.org/wp-content/uploads/2023/12/2023_DBIO-III-Report_11-December-2023.pdf

We are watching a live-streamed genocide every day - over 36,000 people in Palestine have been murdered by Israeli forces, including at least 15,000 children. The brutality of these atrocities are unthinkable, with evidence of torture and targeting of hospitals, ambulances and refugee camps.

We all have a responsibility to do what we can to end this genocide. As queer people, we are part of a rich history of resisting oppression and dehumanisation - of both ourselves and those we stand in solidarity with. Pride started as a protest against homophobia, transphobia and police violence. It is an important moment to come together as a community to celebrate queer joy and resilience.

But how can we celebrate using profits stained with the blood of our siblings in Palestine?

Aegon has $564million invested in companies that have been listed by the UN as “raising human rights concerns” for their operations in illegal settlements in Occupied Palestinian Territories, In 1948, 750,000 Palestinian people were displaced from their homes and lands and since then, Israeli settlements have been used to spread this process of colonisation.

In addition to this figure, Aegon also has major investments in Eaton Corp Plc., who supply parts for helicopters and fighter jets to the Israeli military and have recently been the target of major protests at their factory in Dorset. They also invest in Amazon, who support the Israeli military with surveillance technology used against Palestians.

Israel has long used ‘pinkwashing’ as a tactic to justify the brutal repression of Palestinians, using queer people to legitimise this horrific violence. We refuse to allow this to be done in our name.

The tide is turning on companies like Aegon that profit from investments in the companies complicit in genocide. Recently, both Hay and Edinburgh Book Festival have dropped Baillie Gifford as a sponsor after over 800 authors called on them to divest from companies involved in Israel and the fossil fuel industry.

I ask that Edinburgh Pride:

Calls on Aegon to commit to divest from companies involved in supplying technology to Israel and operating in illegal settlements.

Drop Aegon as a sponsor until they are able to show evidence of divestment.

Publicly call for a ceasefire and a free Palestine.

There is no pride in genocide.

I look forward to hearing your response.

XX

Sources:

Investments in companies operating in illegal settlements https://dontbuyintooccupation.org/wp-content/uploads/2023/12/2023_DBIO-III-Report_11-December-2023.pdf

Investments in Eaton https://extranet.secure.aegon.co.uk/static/sxhub/pdf/client-pen-distribution.pdf

Investments in Amazon https://www.aegon.co.uk/content/dam/auk/assets/publication/fund-factsheet/standard_bkj9zs0.pdf

Israel’s pinkwashing: https://bdsmovement.net/pinkwashing

War on Gaza statistics: https://www.aljazeera.com/news/longform/2023/10/9/israel-hamas-war-in-maps-and-charts-live-tracker