Norway wealth fund will not invest in G4S due to risk of human rights violations
The sovereign wealth fund has excluded 156 firms including those that produce tobacco, nuclear weapons, that cause severe environmental damage, or derive over 30% of revenue from coal
14 November 2019 - 18:03
Oslo — Norway's $1.1-trillion wealth fund can no longer invest in G4S because of the “unacceptable risk” that the security services company contributes to, or is responsible for human rights violations, the central bank said on Thursday.
Norway's fund held a 2.33% stake in G4S at the end of 2018, worth some $90m at the time, according to fund's own data...
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