Tag: Norges Bank
Norges Bank divests from companies over tax issues
The Norwegian sovereign wealth fund has withdrawn investments from seven companies over tax planning and transparency in the past year.
Investors call for mandatory human rights due diligence
Some of world’s biggest asset managers, including Aviva, Federated Hermes and Robeco, have signed up to the Investor Alliance for Human Rights.
Norges Bank excludes G4S from portfolio over human rights concerns
An investigation by the bank, which invests Norway’s oil revenues, revealed G4S had “behaved in a manner which is at the limit of, or outside, accepted norms” with regard to its treatment of migrant workers in Qatar and UAE.
Norges Bank declares opposition to combined CEO-chairs
Norway’s $970bn oil investment fund says chair and CEO roles should not be combined but separated. Will it make a difference?
Norway’s oil fund backs closure of LTIPs at Weir
The world’s largest sovereign fund has backed a proposal to end LTIPs at Weir Group in the hope of encouraging other companies to do likewise.
Norway’s sovereign wealth fund to disinvest from oil and gas
Norges Bank, advisers to the Norwegian government, has proposed selling oil and gas assets estimated to be worth $37bn.
China’s Communist Party occupies central governance role
Disclosures reveal that China’s Communist Party takes the lead over the Chinese state in the governance of many state-owned enterprises.
Norway’s principled divestment
Norway’s central bank spotlights ethics in Asian corporates by excluding investment in more than 50 companies, including its own oil fund, due to rainforest concerns.