NORWAY - The NOK 1091bn (e134.4bn) government petroleum fund has pulled NOK 337m (e42.8m) from US chemicals firm Kerr-McGee Corporation after an ethical probe by the fund's advisory council.
“The decision to exclude the company is based on a recommendation from the advisory council on ethics for the government petroleum fund,” said finance minister Per-Kristian Foss. The issue was p...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date