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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway wealth fund examining Total’s ethics in W.Sahara

Posted on 13 March 2014

Norway’s sovereign wealth fund is examining the operations of oil firm Total in Western Sahara, a disputed region of North Africa with a history of human rights abuses, to ascertain whether its activities there are unethical.
The $850-billion fund, which invests Norway’s revenues from oil and gas for future generations, invests only in companies it considers ethical, and has blacklisted 63 firms, including makers of nuclear arms, anti-personnel landmines, cluster bombs and tobacco………………………………………..Full Article: Source


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