The Ministry of Finance today adopted two new guidelines for responsible investment practices in the Government Pension Fund Global...The ethical guidelines from 2004 are being replaced by two new sets of guidelines: one on work linked to exclusion and observation of companies and one for Norges Bank’s work on responsible management and exercise of ownership rights...The new guidelines enable a slightly broader assessment of the situation before a company is excluded on grounds of grossly unethical behaviour. The Ministry will in this context consider use of other measures. For example, this may be relevant if active ownership or observation might reduce the risk of continued violations of norms or for some other reason is deemed more appropriate.