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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Petroleo Brasileiro SA
Recommendation to discontinue observation of Petroleo Brasileiro SA (Petrobras). Petrobras is a Brazilian company which operates within the oil and ...
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G4S Plc
Recommendation to exclude G4S PLC from the Government Pension Fund Global On April 8, 2019, the Council on Ethics recommended ...