Responsible investments
Government Pension Fund
Ethical guidelines for the management of the Government Pension Fund Global have been in place since 2004. The Ministry considers sound financial return over time to be conditional upon sustainable economic, environmental and social development, as well as well-functioning, legitimate and efficient markets.
Active ownership
Active ownership is a key tool in the management of the Government Pension Fund. Norges Bank and Folketrygdfondet exercise the ownership rights of the GPFG and the GPFN, respectively, independently of the Ministry of Finance.
Observation and Exclusion
Norges Bank decides on whether to exclude individual companies from the GPFG, or place companies under observation. The decisions are based on recommendations provided by the Council on Ethics.
Related topics and insights
What's new
Latest news
- Long-term and responsible management of the Government Pension Fund Press release 21/09/2020
- The responsible investment management framework of the Government Pension Fund Global Press release 18/12/2014
- Public hearing – investments in coal and petroleum companies News story 17/12/2014
- Decisions about completed observation and reinclusion of companies in Government Pension Fund Global (GPFG) News story 10/12/2014
- Expert group on investments in coal and petroleum companies Press release 04/04/2014
- New decisions about the Government Pension Fund Global News story 30/01/2014
Documents
Meld. St. 26 (2016-2017)
Management of the Government Pension Fund in 2016
Latest documents
- Meld. St. 32 (2019–2020) - The Government Pension Fund 2020 — Meld. St. 32 (2019–2020) Report to the Storting (white paper) Report to the Storting 21/09/2020
- NOU 2020: 7 - Values and Responsibility Norwegian Official Report (NOU) 15/06/2020
- Meld. St. 35 (2014–2015) - Working together: Private sector development in Norwegian development cooperation Report to the Storting 19/06/2015
- Recommendation on the exclusion of the company Elbit Systems Ltd Letter 03/09/2009
Shortcut
Contact
The Asset Management Department
E-mail: postmottak@fin.dep.no
Phone: +47 22 24 41 63
Address: Postboks 8008 Dep, 0030 Oslo
Visitor address: Akersgata 40, 0030 Oslo