Norway Government Pension Fund excludes nuclear weapon producers

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NORWAY - BAE Systems and Boeing are among seven companies excluded from the global arm of the NOK1300bn Government Pension Fund by the Ministry of Finance on the grounds that they are involved in the production of nuclear weapons.

According to Norges Bank, the fund’s investments in the companies prior to disinvestment totalled almost NOK3.3bn. The exclusions, made following a recommendation from the Ethics Council, is in ...

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