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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 on
I don’t understand the unilever part,
Why should the parent (company) suffer for what the child does if they don’t agree to it
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.
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.
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.
Rational,
“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.
Just get Haagen Dazs.which btw is a made up name by Jewish founders of the company. So support Jewish owned brands.
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 knife
Something wrong with Mehadrin?
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.
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)Call it:
BETTER THAN BOYCOTT & JERRCOTTBring 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!
AND…
……when it’s the most AHH!! stuff from here to the West Bank & beyond!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.
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.
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)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.
Just switch over to one of several wonderful cholov yisroel yogurts made in EY. Much healthier than B&J’s 600 calorie/serving offerings.
And the award for biggest understatement of the year goes to: coffee addict, for his statement, “I don’t understand ….”
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.
Does Ben and Jerry’s have franchises in China?
Wow huju,
And it’s Elul!
Don’t worry you don’t have to ask for mechilah….
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.
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