Sat, Oct 25, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Fund Profile/New Launches

Norway’s big ethical giant

Posted on 03 February 2009

From Forbes: Sovereign wealth fund excludes another miner and defense firm from its investments. Norway’s $356.0 billion Government Pension Fund, which invests in the country’s oil revenues across the world, said Friday that it had excluded U.S. defense firm Textron and Canadian miner Barrick Gold from the fund on ethical grounds.

The fund has been excluding firms for several years: Back in 2007, Vedanta, the London-listed Indian miner, was removed from its investments, because of concerns over “severe environmental damages and serious or systematic violations of human rights,” while last year its investment in Rio Tinto got the ax. …. Full Article: Source


 Article link

This post was written by:

VRS - who has written 15018 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031