.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line-white).png "CH Diligence (thicker line-white)")
Spotlight on Investors: The Government Pension Fund of Norway
4-Mar-2019 3:36:30 PM
The Government Pension Fund of Norway, often referred to as the Norwegian oil fund, was founded in 1990. It is one of the largest sovereign wealth funds in the world with over US$ 980 billion of assets, as of December 2018. Norges Bank Investment Management (NBIM) is responsible for the management of the fund. The firm seeks to safeguard the long-term financial interests of future generations by investing responsibly in equities, fixed income, and real estate.
NBIM's investing approach is based on three core pillars: setting standards of principles and expectations to help improve corporate governance, exercising their ownership rights, and monitoring and managing the ESG risks of their investments. The firm sets high expectations for portfolio companies on topics related to the UN SDGs such as children's rights, climate change, water management and others. Finally, the Sovereign Wealth Fund has a publicly available company exclusion list based on recommendations from the Council on Ethics appointed by the Ministry of Finance.
Responsible Investment Report 2018
Council on Ethics Annual Report 2017
