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Stop CPP investments in firms selling military, police, spy or prison-related products to Israel

3M Co. Canada
in 2011

$53 million

This is the online version of
Profiting from Israeli Apartheid:
Canada Pension Plan (CPP) Investments in Corporations Supporting Israel’s Military-, Police-, Surveillance-, Prison-Industrial Complex (Part 1)"
(Here's a coupon to subscribe, renew, order copies or make a donation to COAT.  To pay online, use the "Transfer Funds" button at the COAT homepage.)

Investments in 3M by other 
Top Canadian Pension Funds:
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Total = $241,885,000

Besides selling iconic, consumer products, like Post-It Notes and Scotch Tape, this US-based multinational with total assets of US$30 billion, is also a major military supplier. For instance, of the US$280 million in contracts that 3M had with the US government between 2000 and 2009, US$214 million (76%) were with various military departments and agencies.

For example, in 2000, 3M sold components to US Aviation and Missile Command for AH-64 "Apache" attack helicopters. The US transferred about 50 AH-64s to Israel’s military, which has used them in various attacks including the bombing of Lebanon in 2006, and Gaza in 2008 and 2009.

The website of 3M’s subsidiary, 3M Israel Ltd., has over 150 webpages describing products with military applications. These 3M products include electronic and electrical parts, fasteners, containers and ballistic eyewear.

One of 3M’s divisions, its "Safety, Security and Protection business," sold US$3.18 billion worth of products in 2009. One such "protection business," 3M Electronic Monitoring, has its international headquarters in Tel Aviv, Israel. It "offers technologies to support law enforcement, corrections and security operations." It came to the fore in 2010, when 3M paid US$230 million for a Tel Aviv-based "homeland security" firm called Attenti Holdings. The general manager of 3M Track and Trace Solutions, Rory Yanchek, said the acquisition would make 3M "a leader in the high growth electronic offender monitoring market and add Global Positioning System and active Radio Frequency technology and capability to our portfolio." 3M Israel’s managing director added that "For 3M Israel, this acquisition will strengthen our presence and contribute to growth in our local market."

Founded by three former Israeli Air Force pilots, 3M’s Attenti Holdings makes "remote people monitoring technologies used for a variety of offender monitoring applications." Its wholly-owned subsidiaries, ElmoTech and Pro Tech Monitoring, make electronic devices to track prisoners. ElmoTech’s "TRaCE" and "Group TRaCEr" products are used to monitor inmates in penitentiaries and to supervise modern-day chain gangs, which are called "off-site work crews."

In 2005, Israel’s business paper, Globes, said Dmatek Ltd. (the original name of Attenti) had partnered with Hashmira Security Technologies "to ensure that the [Israeli] police and courts can monitor a convict’s moves by electronic surveillance." Globes also reported that this contract was for Israel’s "Ministry of Defense, the Israel police and the Israel Prison Service." The paper did not mention that Israel’s prisons incarcerate thousands of Palestinian political prisoners.

Hashmira, Israel’s largest private "security" firm, is owned by Britain’s G4S, the world’s largest "security-services" company. Hashmira is notorious for its complicity in Israel’s penal system. The online database, "Who Profits from the occupation," compiled by Israel’s Coalition of Women for Peace, says Hashmira provides:

l Equipment for Israeli-run checkpoints in the West Bank and Gaza,

l The security system for "incarceration facilities designated for Palestinian political prisoners,"

l The "central control room and a perimeter defense system…[for] an Israeli prison in the occupied territory for Palestinian political prisoners."

l "[S]ecurity systems for…detention and interrogation facilities… [where] Palestinian prisoners are regularly subjected to torture."



COAT research (published in Issues 66 and 67 of Press for Conversion!) exposes that in 2011 the CPP owned about $1.5 billion worth of shares in 68 corporations supplying Israel with military, police, surveillance and prison-related products.

To read COAT's research on the first half of these
68 companies, click the pdf links below to see the
 print version of Issue 66.  Or, click each company
name for the web version.)
(Articles on the second set of 34 companies are in
Issue #67 of Press for Conversion!):

pdf  3M Co
Amdocs Ltd
pdf  Analog Devices Inc

pdf  AT&T
pdf  BAE Systems
pdf  Bank Hapoalim
pdf  Bezeq
pdf  Bharat Electronics Ltd
pdf  CAE Inc
pdf  Carlyle Group
pdf  Caterpillar Inc
pdf  Cellcom Israel
pdf  Cemex
pdf  Cisco Systems
pdf  CRH plc
pdf  Daewoo Engineering & Construction
pdf  Daimler AG
pdf  Delek Group
pdf  Dell Inc
pdf  Discount Investment Corp
pdf  Doosan Corp
pdf  Eaton Corp
pdf  Elbit Systems
pdf  EMC Corp
pdf  Evraz Group
pdf  Fiat Industrial
pdf  Fiat SpA
pdf  Finmeccanica
pdf  Fujitsu Ltd
pdf  Hewlett-Packard Co
pdf  Hitachi Ltd
pdf  Honeywell International
pdf  Hyundai Motor Co
pdf  Hyundai Heavy Industries

Additional resources from this issue:
Israeli Spy Companies:
Verint and Narus

State-owned Israeli War Industries:
, IMI and Rafael

Vertex Venture Capital:
Investing in Israeli High-Tech Companies

Table listing CPP Investments


Table listing CPP Investments worth $1.5 billion in 66 companies supporting Israel's military, police, surveillance, prison-industrial complex.

Table listing additional investments totalling $4.5 billion by six large Canadian pension funds (including CPP) in the 66 companies researched by COAT.

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"2010 Form 10-K, 3M Company." US Securities and Exchange Commission.

Contracts to 3M Company

Government Contracts USA Defense Dep’t.

Google search of 3M Israel’s website for "military"

3M Company (MMM)

3M to Acquire Attenti Holdings, Aug. 31, 2010.

Guy Grimland, "3M buys Israeli technology firm Attenti for $230m," Haaretz, September 1, 2010.

3M announces its intent to acquire Elmo-Tech’s parent company, August 31, 2010.

TRaCE: Tracking, Reporting and Control

Noam Sharvit, "Convict electronic surveillance program to save NIS 20m a year," Globes, August 9, 2005.

G4S Israel (Hashmira)