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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway - Tobacco company excluded from the Government Pension Fund Global

Posted on 16 March 2011

From Isria.com: The Ministry of Finance has excluded the Chinese company Shanghai Industrial Holdings Ltd. from the investment portfolio of the Government Pension Fund Global on account of its tobacco production. The Ministry has also decided to revoke its decision to exclude a US company that no longer produces components for cluster bombs.
The decision was based on the recommendations of the Fund’s Council on Ethics……………………………………….Full Article: Source


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