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Aracruz

Regarding Aracruz Cellulose SA

Meld. St. 17 (2022–2023) - The Government Pension Fund 2023

Meld. St. 32 (2019–2020) - The Government Pension Fund 2020

Meld. St. 32 (2019–2020) Report to the Storting (white paper)

Meld. St. 22 (2023–2024) - The Government Pension Fund 2024

Executive summary

Recommendation on the exclusion of the company Elbit Systems Ltd

Elbit supplies a surveillance system that is part of the separation barrier being built by the Israeli government in the West Bank. The construction of parts of the barrier may be considered to constitute violations of international law, and Elbit,

Recommendation on the exclusion of the company Barrick Gold

In accordance with the Ethical Guidelines, point 4.4, the Council has reached the conclusion that there are grounds for recommending that Barrick Gold be excluded from the Government Pension Fund - Global’s investment possibilities, due to an

Meld. St. 35 (2014–2015) - Working together: Private sector development in Norwegian development cooperation

Meld. St. 35 (2014 – 2015) Report to the Storting (white paper) Summary

In the white paper Working together: Private sector development in Norwegian development cooperation (Meld. St. 35 (2014-2015)), the Government sets out how it will intensify its efforts to create an enabling environment for private sector

Recommendation concerning whether the weapons systems Spider and Intelligent Munition System (IMS) might be contrary to international law

Ethical guidelines

The Government Pension Fund Global (GPFG) has been subject to guidelines for observation and exclusion since 2004. The guidelines have since been further developed, most recently in 2021 on the basis of recommendations in NOU 2020: 7 Values and

The Council on Ethics

The Council on Ethics was established by Royal Decree 19 November 2004. The Council on Ethics provides an evaluation of whether investments in specified companies are inconsistent with the ethical guidelines.

Norges Bank's work on responsible investing

The aim of Norges Bank's responsible investing activities is to promote long-term value creation and to contribute to good corporate governance and responsible business conduct. In its management of the GPFG, Norges Bank shall emphasise the fund's

Annual Report to the Storting

Transparency is a prerequisite for ensuring widespread confidence in the management of the Government Pension Fund. The Ministry gives an account of the management of the Fund in an annual report to the Storting, as well as in the National Budget.

The Council on Ethics annual report 2006

The Council on Ethics for the Norwegian Government Pension Fund - Global has issued its second annual report today. The report contains in full text the recommendations that the Ministry of Finance has made public between 7 January and 31 December

Meld. St. 24 (2020–2021) - The Government Pension Fund 2021

Chapter 1: Executive summary

NOU 2020: 7 - Values and Responsibility

The Ethical Framework for the Norwegian Government Pension Fund Global

Recommendation - Vedanta Resources Plc.

At a meeting on 2 October 2006 the Council on Ethics for the Government Pension Fund - Global decided to assess whether the investments in the company Vedanta Resources Plc. may imply a risk of the Fund contributing to unethical acts under the

Recommendation - New assessment of the company Rheinmetall AG

New information which has been brought to the attention of the Coucil has lead to the conclusion that the grounds for excluding Rheinmetall AG are no longer valid, and a new recommendation was issued with regard to this.

Recommendation on exclusion of the companies Rheinmetall AG and Hanwha Corp.

The companies were recommended for exclusion because of their involvement in production of cluster munitions.

Recommendation on the exclusion of the company Serco Group Plc.

The company is recommended for exclusion because of its involvement in the production of nuclear weapons.

Recommendation on exclusion of the company GenCorp Inc.

The company is excluded because of its production of key components for nuclear weapons.