Norges Bank Investment Management (NBIM)

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26 March 2012

PVH, H&M, Adidas, Gildan Activewear, Next & Gap receive "top marks" in child labour risk report

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Article
28 February 2012

Children's Rights and Business Principles Global Release - 12 March 2012, London, UK

Author: UN Global Compact

The Children’s Rights and Business Principles are a set of practical guiding principles for businesses on how to respect and support children’s rights within their business operations. The initiative to develop the Principles was launched in June 2010...

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Article
24 August 2011

Scarce water a growing concern for Norway's sovereign fund

Author: Norges Bank Investment Management (NBIM)

Limited access to clean water is a growing risk for an increasing number of the companies the Government Pension Fund Global invests in. The United Nations forecasts that almost half the world’s population will live in areas facing water stress or...

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Article
20 July 2011

[PDF] Sector Compliance with NBIM Investor Expectation on Children’s Rights

Author: Norges Bank Investment Management

The study shows that performance reporting in regard to social issues in general and child labour in particular is overall low across all sectors. Between sectors the level of compliance with NBIM Investor Expectations on Children’s Rights varied...

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Story
10 June 2011

ILO report released on the World Day Against Child Labour calls for urgent action against hazardous forms of child labour

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Article
10 June 2011

Walt Disney, Ericsson Among Companies With Top Marks for Child Labour Risk Disclosure

Author: Norwegian Government Pension Fund

Walt Disney, Ericsson and Hennes & Mauritz [H&M] were among 9 out of 527 companies to get top marks for managing and reporting on the risks of child labour use and children’s rights violations in their operations and supply chains...Intel,...

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Article
1 May 2011

[PDF] Investor Statement in Support of the Guiding Principles on Business & Human Rights

Author: 29 institutional investors including APG, Aviva, Boston Common, Calvert, F&C, Henderson, Interfaith Center on Corporate Responsibility, NEI, Norges Bank, PGGM, SEIU Master Trust, Storebrand, Co-operative, Triodos, Universities Superannuation Scheme

The undersigned investors express their support for the Guiding Principles on Business & Human Rights, published by United Nations Secretary General's Special Representative on Business and Human Rights, Professor John Ruggie. This statement is...

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Article
11 August 2010

Investors say extractives accounting proposals “insufficient”

Author: Daniel Brooksbank, Responsible Investor

Investors such as Norway’s KLP and Storebrand and asset managers Boston Common and Calvert have expressed mixed responses to draft proposals on the development of a new accounting standard for extractives activities. While broadly welcoming the...

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Article
1 July 2010

[PDF] Investing in Decent Work: The case for investor action on forced labour

Author: Committee on Workers' Capital

...[T]his project focuses on institutional investors, and trade union trustees in particular, as they can influence the companies they invest in to have progressive policies and practices on forced labour. In doing so, the project emphasises that...

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Article
30 May 2010

Cocoa trade must do more about child labour

Author: Magdalena Kettis, Norges Bank Investment Management (NBIM) and Anna Pot, APG Asset Management, in Financial Times

The use of child labour in companies’ operations and supply chains is of increasing concern to investors. By preventing children from getting an education, child labour holds back sustainable development…Norges Bank Investment Management (NBIM) and...

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