Norges Bank should make ethical investment decisions for SWF, say government advisers
The Government Pension Fund Global, Norway's sovereign wealth fund (SWF), could do more to promote responsible investments – and the responsibility for doing so should be handed to the Norwegian central bank, according to a report published yesterday by the Norwegian Ministry of Finance.
The SWF's Strategy Council, a body formed to oversee the fund's investment strategy, performed the research to look for ways to pursue more sustainable investments, with a view to boosting long-run returns, and
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