The Council on Ethics which advises Norway’s Government Pension Fund Global has hired two companies to monitor firms that might violate the ethical guidelines governing the country’s $8.52 trillion sovereign wealth fund. RepRisk has been rehired by the Council to provide information about allegations regarding the companies invested in by the fund so that watchlists can be established. ISS-Ethix has been hired to screen company’s products for compliance with the fund’s requirements. Both companies have been given four-year contracts.
The Council on Ethics which advises Norway’s Government Pension Fund Global has hired two companies to monitor firms that might violate the ethical guidelines governing the country’s $1tn sovereign wealth fund. RepRisk has been rehired by the Council to provide information about allegations regarding the companies invested in by the fund so that watchlists can be established. ISS-Ethix has been hired to screen company’s products for compliance with the fund’s requirements. Both companies have been given four-year contracts.