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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway Global excludes companies for breaching Geneva Convention

Posted on 24 August 2010

From IPE: The NOK2.8trn (€352bn) Government Pension Fund Global (GPFG) is planning to exclude two Israeli companies and one Malaysian company, worth a combined NOK15m, from its investment universe.

The Israeli companies were excluded for breaching the fourth Geneva Convention, which states that building settlements on occupied territories is forbidden, while the third company was found to be logging illegally…………………………………….Full Article: Source


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