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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway ignores advice to divest from oil firm over Amazon tribe

Posted on 12 December 2013

Norway’s Ministry of Finance is being urged to withdraw its investments from oil and gas company Repsol because of its operations in a region in the Peruvian Amazon inhabited by indigenous people who have no direct contact with outsiders.
The recommendation was made to the Ministry by the Council on Ethics within Norway’s ‘Government Pension Fund Global’ (GPFG) whose stated aim is to investigate if investment in certain companies meets the GPFG’s ethical guidelines……………………………………….Full Article: Source


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