Needless to say, there is no international law prohibiting companies from doing business in disputed or even "occupied" territories. They do it all the time, all over the world.
The countries that supported the resolution to create this list includes such shining rights of human rights as Sudan, Kuwait, Venezuela, Algeria, Bahrain, Bolivia, Chad, Cuba, Djibouti, Ecuador, Egypt, and Libya.
One of these evil Jewish human rights violators on the blacklist is Mayer Davidov Garage, which repairs cars and trucks.
One of its garages is in Atarot, and another in Mishor Adumim, which the UN considers "illegally occupied territory."
In 2017, and perhaps still today, the garage hosted a backgammon tournament for Arabs and Jews to help the two communities get to know each other better. Here's a photo of the event.
Mayer Davidov did infinitely more for peace between Arabs and Jews by hosting just one backgammon event in their garage than the UN Human Rights Council has done in its entire history.
(Correction: I originally wrote that their Talpiot location was the one the UN considered to be in a settlement. h/t YK)