Norway ’s $ 975-billion sovereign wealth fund, the largest in the world, needs to promote its ethical agenda and exert influence on the companies in which it invests more rigorously, according to a report by Amnesty International think tank. Ints Kalnins/File Photo The fund is already prohibited from investing in firms producing nuclear weapons or landmines, or in those which over-rely on coal. the Re-Define , Save the BlackRock and 210 other NGOs commissioned the report, and said that fund must now “apply its expectations documents on human rights, children's rights, climate change, water management and tax and transparency to itself”.
Norway ’s $ 975-billion sovereign wealth fund, the largest in the world, needs to promote its ethical agenda and exert influence on the companies in which it invests more rigorously, according to a report by Amnesty International think tank. The fund is already prohibited from investing in firms producing nuclear weapons or landmines, or in those which over-rely on coal. the Re-Define , Save the BlackRock and 210 other NGOs commissioned the report, and said that fund must now “apply its expectations documents on human rights, children's rights, climate change, water management and tax and transparency to itself”.