Council on Ethics

Council’s recommendation to exclude Larsen & Toubro Ltd from the Government Pension Fund Global: etikkradet.no/larsen-toubro-…

Council’s recommendation to exclude General Dynamics Corp from the Government Pension Fund Global: etikkradet.no/general-dynami…

Council’s recommendation to exclude Tianjin Pharmaceutical Da Re Tang Group Corp Ltd from the Government Pension Fund Global: etikkradet.no/tianjin-pharma…

Council’s recommendation to exclude China State Construction Engineering Corp Ltd from the Government Pension Fund Global: etikkradet.no/china-state-co…

Council’s recommendation to exclude Prosegur Cia de Seguridad SA from the Government Pension Fund Global: etikkradet.no/prosegur-cia-d…

Council’s recommendation to exclude Turning Point Brands Inc from the Government Pension Fund Global: etikkradet.no/turning-point-…

The Council on Ethics recommended the exclusion of Compagnie de l'Odet SE and Bolloré SE on the risk that serious and systematic human rights abuses. Norges Bank has decided to follow up on the companies through active ownership. etikkradet.no/compagnie-de-l…

Following a recommendation from the Council on Ethics, the period of observation of the company Bombardier Inc has been extended etikkradet.no/bombardier-inc…

Following a recommendation from the Council on Ethics, the exclusion of the company Mativ Inc was revoked because the company is no longer involved in tobacco production. etikkradet.no/mativ-inc-revo…

Council’s recommendation to exclude L3Harris Technologies Inc because of production of nuclear weapons: etikkradet.no/l3harris-techn…

Council’s recommendation to exclude Adani Ports & Special Economic Zone Ltd because of its business association with the armed forces in Myanmar. etikkradet.no/adani-ports-sp…

Council’s recommendation to exclude Weichai Power Co Ltd because of an unacceptable risk that the company is contributing to the sale of military materiel to Russia: etikkradet.no/weichai-power-…

Council’s recommendation to exclude companies Jardine Matheson Holdings Ltd.,Jardine Cycle & Carriage Ltd and PT Astra International Tbk: etikkradet.no/pt-astra-inter…

Council's recommendation on KDDI becase of operations in Myanmar. Note that company is not excluded but placed under observation. etikkradet.no/kddi-corp-2/

Council's recommendation on Sumitomo Corp becase of operations in Myanmar. Note that company is not excluded but placed under observation. etikkradet.no/sumitomo-corp-…

Council's recommendation to exclude Delek Group because of petroleum prospecting offshore Western Sahara: etikkradet.no/delek-group-lt…

Council's recommendation to revoke the exclusion of Serco Group Plc: etikkradet.no/serco-group-pl…

Hyundai Glovis was placed under observation in 2022 because of practices in recycling of decommissioned vessels. There are no longer grounds to continue observation. Please find the Council’s recommendation here: etikkradet.no/hyundai-glovis…

Thoresen Thai Agencies PCL was excluded from the Fund in 2018 because of its practice in recycling of decommissioned vessels. Council’s recommendation to revoke the exclusion here: etikkradet.no/thoresen-thai-…

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