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Nicolai Tangen, CEO of Norges Bank Nicolai Tangen, on January 29, 2024, touches on a press conference on the company’s annual results in Norway in Norway in Norway.
Ole Berg-Rusten | AFP | Getty pictures
The Norwegian government is under the growing pressure for the country 1.8 trillion dollars The sovereign wealth fund describes certain defense firms as “illogical” in the existing security landscape with opposition parties.
Norwegian government’s Pension Fund Global, The world’s largest sovereign wealth fundSince the early 2000s, the share of companies producing critical components for nuclear weapons was prevented.
Bottom moral rulesThe foundation was invested in companies participating in the production of ammunition, personnel anti-personnel mine and tobacco production among other things.
The country’s central-right conservation party says the government has come to the government to raise the government in certain defensive companies Russia’s full-scale occupation of Ukraine And in recent years, “significant reconstruction” of countries like China.
“We are currently facing the most serious security crisis since World War II.
According to him, Norwegian Prime Minister Jonas Gahr Støre must try to change the ethics base of the country’s wealth fund, and life is not excluded because it is vital for Western security.
A spokesman for the Norwegian Ministry of Finance refused to comment on the CNBC, the government will first answer the similar question of the Norwegian parliament.
Norway, Norway, March 27, 2025 in Norway protesters in Norway, during a demonstration outside the Norwegian General Staff.
Bloomberg | Bloomberg | Getty pictures
The fund has previously excluded the British defense contractor Bae systems Due to the production of key components for the firm’s nuclear weapons and the US defense contractor Lockheed Matin Corp Due to the majority ammunition.
“Throughout the West, critical weapons are taken from companies outside the investment of the Oil Fund. The Norwegian Pension Fund is prohibited from the state budget and investing in the same companies.
Left Working Party from the Center for Norway expected To manage alone until the new parliamentary elections occur in September. The country’s ruling coalition government has collapsed in the early year in connection with the European Union energy directives.
NATO-founding member works closely as a member of the Norwegian EU, but also a member of the European Economic Economic Economic.
How Norwegian Wealth Fund is a dispute on how to respond to the construction sight, higher defense costs and Coastal industry interests As governments meet high geopolitical risk.
Defense shares are excluded from portfolios with their ethical concerns on the war unity of the sector related to the environment, social and management authorities (ESG).
But in recent months, ESG was the managers It is increasingly comfortable with the holding of defensive companies.
NORGES Bank managing a wealth fund, a spokesman for investment management refused to comment when asked to reconsider the ethical rules of the Foundation.
Norwegian Prime Minister Jonas Gahr store, on November 26, 2024, in Oslo, Norway, Norway, Norway, Norway, Norway, a multi-Norwegian multinational energy company conference.
Thomas Fure | AFP | Getty pictures
One of the world’s largest investors, Norway’s sovereign wealth fund was created to invest in the country’s oil and gas sector profiling revenues in the 1990s. Have stock so far put money More than 8,650 companies in more than 60 countries around the world.
Hans Andreas limi, a MP for the right-wing Progress Party of Scandinavia, recently presented the bill of special members to ban the Fund’s nuclear weapons Financial times. O It was reported to have something described the ban as a “hypocritical”.
Sakso Bank’s Trade ESG head of the Esg, Johannesen, the Finance Ministry of the Ministry of Finance should not affect political pressure to raise the Fund’s nuclear weapons.
As a result, the Norwegian Bank of Norwegian Finance (responsible for the management of the Fund), Johannesen Johannesen, who is responsible for overcoming the work done by the Fund’s Office, and Johannesen Johannesen told CNBC.
“The actions of the ministry are not better interest in the public’s views, but the funds of the Foundation (Norway and its current and future generations) and the rules of the Foundation managing the mandate,” he said.