The Council on Ethics gives recommendations to Norges Bank on observation and exclusion of companies from the Norwegian Government Pension Fund Global.

The Annual Report 2015 of the Council on Ethics includes brief articles on specific topics relevant to the Council’s work, such as the assessment of companies producing nuclear weapons, corruption risk, environmental damage or violation of worker’s rights. The report also includes a summary of all the Council’s recommendations to Norges Bank that have been published in 2015 and until 1 February 2016.