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  • Recommendation on the exclusion of the company Elbit Systems Ltd

    03/09/2009 Letter Ministry of Finance

    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 to reverse the exclusion of DRD Gold

    03/09/2009 Letter Ministry of Finance

    According to point 4.6 of the Ethical Guidelines, the Council ”shall review on a regular basis whether the reasons for exclusion still apply and may against the background of new information recommend that the Ministry of Finance reverse a decision

  • Recommendation to reverse the exclusion of Thales SA

    03/09/2009 Letter Ministry of Finance

    The Council recommends that Thales SA no longer be excluded from the investment universe of the Government Pension Fund - Global.

  • Recommendation on the exclusion of the company Barrick Gold

    30/01/2009 Letter Ministry of Finance

    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

  • Recommendation on the exclusion of the company Textron Inc.

    30/01/2009 Letter Ministry of Finance

    The company Textron Inc. produces weapons which, according to the definition of the convention, must be considered cluster munitions. The Council on Ethics therefore recommends that Textron Inc. is excluded from the investment universe of the