RMN Foundation

UN Report Exposes Corporate Profiteering Behind Genocide in Palestine, Warns RMN Foundation

The RMN Foundation calls on all human rights defenders, global institutions, and responsible corporate leaders to act swiftly. Silence, in this context, is complicity.

By RMN Foundation News Desk
July 6, 2025

A damning new report by United Nations Special Rapporteur Francesca Albanese has revealed that the ongoing Israeli actions against Palestinians—described in the report as genocide—are being driven not only by military and political forces but by corporate profiteering and systemic exploitation.

According to Albanese, the violence is being sustained by a “machinery of displacement” enabled by global business interests and a failure of international systems to uphold basic human rights. “Genocide is proving profitable for some,” the report states, pointing to a staggering 213% surge in the Tel Aviv stock exchange over the past 21 months, amounting to $225.7 billion in market gains—including $67.8 billion in just the last month.

The report, presented to the UN Human Rights Council, identifies 48 corporate actors—including parent companies, subsidiaries, licensees, and consortium partners—across key industries such as weapons manufacturing, technology, finance, energy, and construction. These companies, Albanese contends, have ignored their legal and ethical responsibilities, treating Israel’s occupation of Palestinian territories as a routine business opportunity, despite evidence of widespread atrocities.

Albanese highlights how many of these entities are complicit in enabling and legitimizing Israel’s ongoing violence. Among the examples cited:

• Weapons suppliers providing F-35s, drones, and targeting systems that contributed to the release of 85,000 tons of explosives on Gaza—six times the tonnage dropped on Hiroshima.
• Tech corporations operating R&D hubs in Israel and leveraging Palestinian data for what she describes as “AI warfare” and “livestreamed genocide.”
• Energy companies fueling Israel’s blockade of Gaza.
• Construction firms supplying the machinery that has turned Gaza to rubble, blocking any chance for Palestinian return or recovery.
• Even tourism, retail, and academic institutions were found to be complicit in normalizing apartheid and erasure of Palestinian culture and life.

“These companies have entrenched and expanded Israel’s settler-colonial logic of displacement and replacement,” said Albanese, emphasizing that this is not incidental but deliberate—an economic system “designed to dominate, dispossess, and erase Palestinians.”

Despite rulings in 2024 by the International Court of Justice (ICJ) and arrest warrants issued by the International Criminal Court (ICC), the report finds that many corporations have failed to act. Instead of reevaluating their operations, they have clung to “narrow technicalities,” sidestepping the broader illegality of their involvement.

Albanese’s report urges UN member states to take immediate, decisive action:

• Impose a comprehensive arms embargo on Israel.
• Suspend trade and investment agreements that benefit complicit actors.
• Hold corporations legally accountable under international human rights and humanitarian law.

“Corporations cannot claim neutrality: they are either part of the machinery of displacement—or part of dismantling it,” she concluded, comparing the present crisis to past reckonings with corporate complicity in apartheid South Africa and Nazi Germany.

“This is a defining moment,” Albanese said. “Ending this genocide requires not only outrage but rupture, reckoning, and the courage to dismantle what enables it.”

The RMN Foundation calls on all human rights defenders, global institutions, and responsible corporate leaders to act swiftly. Silence, in this context, is complicity.