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Article

11 Feb 2015

Author:
Norwegian Government Pension Fund Global, Norges Bank

Official press release

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"Work on responsible investment strengthened", 5 Feb 2015

We work with international principles and standards and attach importance to them in the formulation of our own principles, in our ownership activities and in our risk management...Environmental, social and governance issues are integrated into the investment process. This can lead to adjustments to the portfolio and decisions to divest from specific securities. Based on these assessments, we chose to divest from 49 companies in 2014 where we considered there to be high levels of uncertainty about the sustainability of their business model...