Norway’s Sovereign Fund Generated Less Income Due to Ethical Divestment Policy

Posted on 03/21/2017


Norway’s Government Pension Fund Global (GPFG) generated 1.11% less in equity returns between 2006 and 2016 due to its policy on excluding companies on ethical grounds, according to a report released by Norges Bank Investment Management (NBIM). These exclusionary guidelines include companies engaged in severe environmental damages, labor issues and others such as the production […]

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