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Norwegian here, can confirm. We do not see the wealth fund as an evil thing :) The fund has a policy of being an active investor to improve worker rights, prev
by tyfon 5y ago
Norwegian here, can confirm. We do not see the wealth fund as an evil thing :)
The fund has a policy of being an active investor to improve worker rights, prevent unethical practices and has a ban on investing in certain areas like weapons, oil and gas (due to diversification issues), tobacco etc.
Edit: Just a note, the funds operation is completely transparent and you can follow the actions and read about strategy, what time frames they are looking at when investing (very long) and more on their web page [1].
[1] https://www.nbim.no/en/ https://www.nbim.no/en/