The Israeli military has repeatedly dropped internationally banned white phosphorus munitions in civilian areas in Gaza and Lebanon
An investigation by Sweden’s public broadcaster Ekot has revealed that the state-run Seventh AP Fund (AP7) holds a major stake in Israel’s ICL Group, a chemical company accused of producing white phosphorus munitions.
The fund, which serves as the default pension option for nearly six million Swedes, has invested about 100 million kronor ($9.3 million) in ICL shares and increased its holdings in 2025 from 1.2 to 1.6 million shares.
The ICL Group produces white phosphorus, which causes severe burns and long-term respiratory injuries.
While it can legally be used for illumination or smoke screens, its deployment as an incendiary weapon near civilians is prohibited under international law.
Amnesty International and Human Rights Watch (HRW) have documented Israel’s use of white phosphorus in Gaza and Lebanon.
🔗SOURCE ➡️ The Cradle
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