ESG changes to Norway fund could lead to €910m sell off Changes to the ethical guidelines of Norway’s $1.15tn Government Pension Fund Global (GPFG) could lead to assets worth NOK 10bn (€910m) being sold off, with engagement being offered as a third way. Norges Bank, which manages the GPFG investment portfolio – the world’s largest […]
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Norway’s oil fund needs to “catch up” with ethical norms The committee tasked with reviewing the ethical framework of The Government Pension Fund of Norway, the world’s largest sovereign wealth fund, has proposed several changes to reflect “the evolution of ethical norms”. In a document published by the Norwegian government, the Ethics Committee set out […]
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