STMicroelectronics: to manage employee savings, successful mobilization against BNP Paribas and Amundi for their involvement in the genocide in Gaza

At the electronic chip specialist, BNP Paribas and Amundi were candidates to manage employee savings plans. The CGT union pointed out their ties to an Israeli arms company. The vote ultimately ruled them out.
Last spring, at STMicroelectronics, a project on employee savings was a central concern. Management launched a call for tenders and invited several banks to present their proposals to employees. Among the candidates were BNP Paribas and Amundi—the latter 68.9% owned by Crédit Agricole. Two highly controversial institutions: in January 2025, the...
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