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en/norway-council-on-ethics-for-govt-pension-fund-announces-new-guidelines-council#c109449

Council on Ethics annual report recommends 6 companies for exclusion

Author: Council on Ethics, Norwegian Government Pension Fund, Published on: 27 January 2015

"Annual Report 2014: Council on Ethics for the Government Pension Fund Global", Dec 2014

The Council on Ethics’ task is to find companies that should be excluded from the fund or put under observation, irrespective of the company’s size, the fund’s ownership stake or the country where the company is registered...Since the last annual report, 13 recommendations have been published [including 6 new recommendations to exclude companies]....[Recommendations refer to Repsol, Reliance Industries, Randgold Resources, SOCO Intl., Noble Group, China Ocean Resources, Dongfeng Motorgroup, Tahoe Resources, Innophos, China Railway Group, NTPC]

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Related companies: China Railway Construction Dongfeng Motor Innophos Noble Group NTPC Reliance Industries Repsol SOCO International Tahoe Resources (part of Pan American Silver)