24.03.2011 - SIC to look at Norwegian oil investments after debate on ethics of its own funds
The SIC is to examine the way the Norwegian state oil fund manages its investments, after some councillors attacked the local authority’s “intrinsically amoral” approach to investing its oil reserves on the stock market. Jonathan Wills and Rick Nickerson have repeatedly been foiled when asking colleagues on Shetland Charitable Trust to look into more ethical ways of investing its £200 million-plus funds..............................................Full Article: Source
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