DCRB Divest: Investments Summary
Our research reveals that Washington D.C. invests over $159 MILLION in more than 25 companies directly enabling Israel’s genocide of the Palestinian people, within the D.C. Retirement Board. (DCRB).
According to our calculations, D.C’s retirement system currently holds over $159,000,000 invested in companies directly enabling Israel’s genocide of Palestinians, including:
- Over $66 million in Lockheed Martin, Boeing, GE Aerospace, Honeywell, RTX (Raytheon), Northrop Grumman, General Dynamics, and Textron – U.S. “defense” companies that manufacture bombs, missiles, and fighter jets used to carry out the genocide of the Palestinians.
- Over $39 million in Palantir, IBM, Motorola and L3Harris – supplying AI, tools, cloud services, and surveillance technology to Israeli military operations and to enforce apartheid. These companies also provide surveillance tech and AI for ICE and immigration authorities here in the U.S.
- Over $20 million in Chevron and Valero – supplying fuel for Israeli military aircraft bombing hospitals, schools, and refugee camps.
- Over $18 million in Caterpillar, Heidelberg, and Cemex – providing armored bulldozers to demolish Palestinian homes and construction materials for illegal settlements that enforce the occupation of Gaza and the West Bank.
- Over $10 million in Rolls Royce, BAE Systems, and Elbit Systems – international “defense” companies making weapons used in the genocide of Palestinians.
- Over $4 million Bank Leumi, Bank Hapoalim, Israel Discount Bank, and Mizrahi Tefahot Bank – financing illegal settlement construction on stolen Palestinian land.
If you’d like to add your name in support of an open letter calling on the DCRB and D.C. Council to end all current city business and prohibit future city investments and contracts with companies that sustain Israel’s apartheid, genocide, and illegal occupation of Palestine, you can do so here: https://bit.ly/dcrb-divest
Sources:
- These are numbers derived from the DC Retirement Board’s (DCRB) investments in index funds tracking the Northern Trust S&P 500 (domestic) and MSCI World ex USA Index managed by Maketa for this portfolio. All numbers are derived from publicly accessible data.
- DCRB pension investments: Quarterly Fund Summary 2025
- Information on divestment: https://afsc.org/divest
- Information on how these companies are complicit in genocide, and why we are complicit as shareholders: https://afsc.org/gaza-genocide-companies
- The 25 companies cited in this analysis are compiled from the AFSC BDS Shortlist: https://afsc.org/sites/default/files/2024-10/divestment-list-for-palestinian-rights-october-2024.pdf
Follow our instagram at @PeoplesDignityMovement and take action by signing our open letter: http://bit.ly/dcrb-divest.
