Responsible Investing

Oil fund's ethics board looks at Middle East arms sales

As of the end of 2023, nine companies have been excluded by NBIM due to the connection with Israeli settlements in the occupied Palestinian Territories. 
The Council on Ethics acts as an external adviser to Norges Bank Investment Management (NBIM). | Photo: Pr/norges Bank
The Council on Ethics acts as an external adviser to Norges Bank Investment Management (NBIM). | Photo: Pr/norges Bank
By Bloomberg / Kari Lundgren

The ethics adviser for Norway’s EUR 1.52trn sovereign wealth fund is monitoring more closely whether companies potentially selling arms to Israel could be in breach of the fund’s guidelines.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading