Tag: Exclusion

Asset Allocation July 12, 2023

Norway’s Pension Fund Global Excludes Chinese Firm for Environmental Damage Risk

The $1.4 trillion pension giant also placed U.K.-based Petrofac on observation over allegations of corruption and bribery.

Newsmakers February 6, 2023

Norway’s Pension Giant Adds Chinese, Indian Firms to Exclusion List

Pension fund accuses AviChina, Bharat Electronics of selling military equipment to Myanmar’s armed forces.

Asset Allocation July 21, 2020

Norges Bank Raises Stake to 5% in Fossil Fuels Giant BHP

Norway’s sovereign wealth fund, which has been divesting coal and oil stocks, has the Australian company on a kind of probation.

Asset Allocation June 5, 2020

USS Targets Tobacco, Thermal Coal for Divestment, Exclusion

UK’s largest pension plan will shun investments, like tobacco and coal, it deems ‘financially unsuitable.’

Asset Management Culture May 18, 2020

Norway Pension Giant Dumps Nearly $3 Billion in Coal, Oil Stocks

However, weak krone erases over $438 million in value from now-excluded holdings. 

News November 27, 2019

Norway Pension to Exclude UK Security Firm G4S  

Fund says firm is risky due to ‘systematic human rights violations.’

Newsmakers March 26, 2019

Norway Pension Fund Excludes Halcyon Agri for Environmental Damage

Fund says rubber company’s plantations will lead to irreversible changes in the ecosystem.