July 27, 2021 11:16 am at 11:16 am #1994898
Florida Gov. Ron DeSantis is coming out against Ben & Jerry’s over its recent decision to end sales of its ice cream in Israeli-occupied West Bank and east Jerusalem.
In a letter to the State Board of Administration of Florida, DeSantis urged the agency to place Ben & Jerry’s on its Continued Examination Companies that Boycott Israel List. It also called for the same to be done to Unilever, which it noted is “a publicly traded company in which Florida holds multiple investments” and that also owns Ben & Jerry’s.
He also called for the agency to initiate a process to place both entities on its Scrutinized Companies that Boycott Israel List and asked that he be provided with an update on the status of the process immediately.
BH that DeSantis won the election, Gillum would have been at the forefront urging Ben and Jerrys onJuly 27, 2021 11:40 am at 11:40 am #1994969☕️coffee addictParticipant
I don’t understand the unilever part,
Why should the parent (company) suffer for what the child does if they don’t agree to itJuly 27, 2021 12:13 pm at 12:13 pm #1994976
Because Unilever has veto power over B and JJuly 27, 2021 12:17 pm at 12:17 pm #1994979rationalParticipant
Really, Coffee. This is not a parent-child issue where if the child fails he still remains the child of the same parents. This is a corporate issue where the owner of all subsidiaries (unilever) is indeed 100% responsible for all corporate decisions (including Ben and Jerry’s) and if they disagree with a decision they can reverse it. If they don’t, they suffer.July 27, 2021 2:18 pm at 2:18 pm #19949812scentsParticipant
This is somewhat of a complex matter.
B&Js created a legal structure that puts social responsibilities as part of their decision-making process. Their boards are obligated to do so. (they are a B-Corp).
Unilever now owns B&J. Yet, B&J has an independent board.
The B&J board is required to submit their yearly business and social plan for Unilever, Unilever has the right to reject the plan. As long as it is done in good faith. It so seems that Unilever may only reject their yearly plan if they disagree with the financial aspect of it.
This leaves Unilever in a tight spot. They might not love Isreal that much, but they do not want to lose market share. They are a financial company and not a social company.
I am sure there are some loopholes, such as determining that the social decisions of the board are not in line with socially accepted standards and actually are causing conflict. Furthermore, they may use the clause that allows them to reject the yearly business plan based on the potential for lost revenue.
The merger/sale agreement is public information.July 27, 2021 2:20 pm at 2:20 pm #1994982GadolhadorahParticipant
When Unilever acquired B&J, the PA (Purchase Agreement, not Palestinian Authority) included a rather unique provision whereby the B&J directors retained considerable independence to continue pursuing their social activism agenda without interference from the upstream Unilever management. I’m not familiar with the nuts and bolts of the corporate governance but I’m certain there are some limits as to how far that “independence” extends and what recourse there is if Unilever were to breach that agreement and take direct control over B&J.July 27, 2021 2:20 pm at 2:20 pm #19949832scentsParticipant
“This is a corporate issue where the owner of all subsidiaries (unilever) is indeed 100% responsible for all corporate decisions (including Ben and Jerry’s) and if they disagree with a decision they can reverse it. ”
If you glance at the merger documents, this is not the case. While B&J is fully owned by Unilever, they still maintain their own board and their own decision-making capacity. There are clauses and limitations as to what can be overwritten and what not.July 27, 2021 2:22 pm at 2:22 pm #1994989rightwriterParticipant
Just get Haagen Dazs.which btw is a made up name by Jewish founders of the company. So support Jewish owned brands.July 27, 2021 9:20 pm at 9:20 pm #1995008Always_Ask_QuestionsParticipant
Even if a child had its own board, the parent is ultimately responsible for making such an arrangement, letting every Ben, Tom, and Jerry child run around with a knifeJuly 27, 2021 9:20 pm at 9:20 pm #1995043midwesternerParticipant
Something wrong with Mehadrin?July 27, 2021 9:20 pm at 9:20 pm #1995062Yserbius123Participant
Ben and Jerry’s is a private company. They are free to do or say whatever they want and the customers are free to buy or not buy their products. If they choose to be anti-Israel, that’s their prerogative. I don’t see why we need to spill so much ink on the topic.July 27, 2021 11:06 pm at 11:06 pm #1995142ywnjudyParticipant
Here’s an innovative method of pushback:
YWN contacts Tofutti. Tell Tofutti to formulate THE most yummy Pareve Simulation of Chunky-Monkey. And then… even improve on that simulation (taste-test loads of people)
BETTER THAN BOYCOTT & JERRCOTT
Bring on the newsmen with the lure of free-samples. Publicize that Tofutti is exporting XXXXXX pints to Israeli West Bank and East Jerusalem, for sale at Cost Price.
Simultaneously market it to Americans, stating:
What’s BETTER THAN BOYCOTT & JERRCOTT?
Why, when it’s shipped to East Jerusalem for sale at Cost Price!
……when it’s the most AHH!! stuff from here to the West Bank & beyond!July 28, 2021 9:36 am at 9:36 am #1995200Abba_SParticipant
If you want to punish Unilever the way to do it is short the stock and make the stock price drop 20% in value. Board members usually own a lot of the companies shares and so when it goes down in value they take notice as they too are losing value. I wouldn’t say it’s not risky but with state pension selling off shares a grass roots movement to short the stock together with some hedge funds who smell blood in the water we can make some money too.July 28, 2021 9:37 am at 9:37 am #1995206
@yserbius “Ben and Jerry’s is a private company. They are free to do or say whatever they want and the customers are free to buy or not buy their products.”
Actualy its a division of a multinational public company who’s stock is held by many state pension funds who may dump the stock because of anti BDS llaws and that can and has depress the stock price.July 28, 2021 10:16 am at 10:16 am #1995271RememberThatParticipant
No word yet on Ben & Jerry banning all those real human rights violators without any reasoning of survival and security… (which anti Israel bigots dismiss) who sit on “human rights” council at the UN…And get complete silence from AOC and BLM injustice “social justice” hypocrites.July 29, 2021 8:04 am at 8:04 am #1995594
Bennett Cohen and Jerry Greenfield, the founders of Ben & Jerry’s ice cream, stated that they are “supporters of the State of Israel,” but still support the company’s decision to boycott Israeli settlements in the West Bank, in an opinion piece in The New York Times on Wednesday.
The two stressed that they are “proud Jews” and that Israel was one of the company’s first overseas markets.
“But it’s possible to support Israel and oppose some of its policies, just as we’ve opposed policies of the US government,” wrote the founders. “As such, we unequivocally support the decision of the company to end business in the occupied territories, which the international community, including the United Nations, has deemed an illegal occupation.”
Cohen and Greenfield added that they no longer have any operational control of the company, but are “proud of its action and believe it is on the right side of history,” calling it “especially brave” and “one of the most important decisions the company has made in its 43-year history.”
They stressed that the company drew a contrast between the State of Israel and the settlements in the West Bank, saying that the decision to halt sales is not a boycott of Israel and did not endorse the Boycott, Divestment and Sanctions (BDS) movement.
Despite the fact that the company’s statement made a distinction between the State of Israel and West Bank settlements, members of the company’s board of directors stated after the announcement that they had wanted to boycott Israel in its entirety, but were stopped from doing so by the ice-cream maker’s CEO and the British-based parent company Unilever.
Wow with Jews like this who needs goyimJuly 29, 2021 12:34 pm at 12:34 pm #1995710Shalom-al-IsraelParticipant
Bassem Eid (@eid_bassem) Tweeted: As a Palestinian peace activist who has worked and lived in the West Bank my whole life, I can tell you that you’re doing it all wrong. Your political stunt does nothing to help us and actually harms Palestinian workers. BDS is the opposite of peace! Shame on you.
(Replying to @Mittaloak , July 28, 2021)July 29, 2021 5:36 pm at 5:36 pm #1995817Reb EliezerParticipantAugust 1, 2021 1:28 am at 1:28 am #1996111
New York City’s likely new comptroller has made his first big flip flop, courtesy of Ben and Jerry’s.
Brad Lander, a City Councilman poised to become comptroller after winning last month’s Democratic primary, was once a staunch supporter of Israel who has now declared his approval for the ice cream company’s controversial decision to stop selling in the West Bank.
In response to Ben and Jerry’s announcement, Lander tweeted this week that “ending Israel’s military occupation is a moral imperative,” adding he disagreed with moves by the state comptroller’s office to restrict investments in Ben and Jerry’s parent company Unilever over the issue.
The Brooklyn Democrat said he was “a Jewish New Yorker who cares about the wellbeing of both Israelis and Palestinians,” but the leftward pivot is a significant departure from Lander’s days in the City Council, when he co-sponsored a May 2016 resolution “condemning all efforts to delegitimize the State of Israel and the global movement to boycott, divest from, and sanction the people of Israel.” That same year he attended the annual Celebrate Israel Parade.August 19, 2021 9:52 am at 9:52 am #2001276Abba_SParticipant
Shurat HaDin is planning to market a knock off on Ben & Jerry’s ice cream under Judea & Samaria’s Ben & Jerry’s claiming that Ben & Jerry has abandoned it’s trademark in the West Bank. Unilever has responded and claims it hasn’t abandoned the trademark. Next step is to fight it out in court. The problem for Unilever is that it’s an Israeli court so they have to explain how they are abandoning selling in the west bank and discriminating against people living there which is illegal, while at the same time not abandoning the trademark there.August 19, 2021 10:10 am at 10:10 am #2001304GadolhadorahParticipant
Just switch over to one of several wonderful cholov yisroel yogurts made in EY. Much healthier than B&J’s 600 calorie/serving offerings.August 19, 2021 2:09 pm at 2:09 pm #2001332hujuParticipant
And the award for biggest understatement of the year goes to: coffee addict, for his statement, “I don’t understand ….”August 19, 2021 2:09 pm at 2:09 pm #2001329NechomahParticipant
GH – What products would you recommend? I don’t seem to be able to find any wonderful frozen yogurt products here. Most of what is available is just plain vanilla, chocolate chip, or punch ice cream, no interesting flavors. And as far as I know, B&J is CY in EY. I could hop over to the store to make sure, but I don’t think it is from cholov stam here.August 19, 2021 2:10 pm at 2:10 pm #2001330Yserbius123Participant
Does Ben and Jerry’s have franchises in China?August 19, 2021 6:35 pm at 6:35 pm #2001412☕️coffee addictParticipant
And it’s Elul!
Don’t worry you don’t have to ask for mechilah….August 20, 2021 3:20 pm at 3:20 pm #2001598hujuParticipant
Unilever, the owner by acquisition of Ben & Jerry’s ice cream, is also the owner, by acquisition, of Slim Fast, a company that makes and sells dietary supplements. The founders of both companies were Jewish, both enormously successful financially, and both made edibles. But one purports to get you slim, fast, and the other one gets you (without directly advertising the fact) fat, fast. The Unilever business has one mission – to be profitable, whether supporting or opposing healthy eating.
- You must be logged in to reply to this topic.