Council on Ethics
The role of the Council on Ethics for the Government Pension Fund Global (GPFG) is to evaluate whether or not the Fund’s investment in specified companies is inconsistent with its Ethical Guidelines.
- The Council’s activities
- GPFG’s Ethical Guidelines
- Norges Bank manages the Fund and makes decisions to exclude companies from the Fund’s portfolio based on advice from the Council.
- The Council’s recommendations will be made public on this website.
- Norges Bank provides a list of companies excluded from the Fund’s portfolio.
- The Council’s secretariat prepares the cases for the Council.
- Frequently Asked Questions
Latest recommendations
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Canadian Natural Resources Ltd
The Council on Ethics recommends that Canadian Natural Resources Ltd be excluded from investment by the Government Pension Fund Global ...
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Centrais Electricas Brasileiras SA (Eletrobras)
The Council on Ethics recommends that Centráis Elétricas Brasileiras SA (Eletrobras) be excluded from investment by the Government Pension Fund ...