The Norwegian Parliament has voted to halt operations to withdraw «ethical investments» from the country's sovereign wealth fund. This decision marks a significant shift in Norway's investment policy. The fund, one of the largest in the world, is known for its strict asset selection criteria. Previously, companies associated with the coal industry were excluded from it. The new parliamentary vote could lead to a review of these rules and a change in the fund's strategy. Experts see this as a potential change in the approach to responsible investing on a global scale.
Norwegian Parliament Votes to Halt Ethical Investment Withdrawals
The Norwegian Parliament has voted to halt the withdrawal of «ethical investments» from the sovereign wealth fund, potentially changing global approaches to responsible investing.