The liberal Protestant group with 1.1 million members is the latest to take such action. Last year, the Presbyterian Church (U.S.A.) voted to sell stock in a few companies whose products are used by Israel in the territories. The United Church of Christ resolution was broader. Delegates are calling on the denomination's financial arms to sell off stock in any company profiting from what the church called human rights violations arising from the occupation. The church also voted to boycott Israeli products made in the territories.
Israeli companies like Ahava and Sodastream, amongst others, will be the main focus of the church's boycott activities.
US companies stocks that the church will sell-off, are companies like Motorola , Caterpillar, Hewlett-Packard and Veolia.
This is a really myopic point of view by the UCC regarding these companies because these companies are also involved in projects that support the Palestinian "people on the ground".
One example is the building of a school for disabled kids in Gaza. The contractor makes use of Caterpillar equipment in it's construction inventory on the construction site (see picture above).
Israeli Foreign Ministry spokesman Emmanuel Nahshon said the denomination's policies have "reflected the most radical politics for more than a decade and in no way reflect a moral stance or reality-based position." In 2005, the United Church of Christ passed a resolution calling for "economic leverage" to resolve the Israeli-Palestinian conflict, and had accused Israel of widespread human rights abuses against the Palestinians.
"People of faith ought to be acting to help Israel and the Palestinians to renew efforts to achieve peace, rather than endlessly demonizing one party in the conflict — in our view, the aggrieved party," Nahshon said.