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Norway called on the Mega Wealth Fund to get a share in gun producers

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Norway called on the Mega Wealth Fund to get a share in gun producers


Nicolai Tangen, CEO of Norges Bank Nicolai Tangen, on January 29, 2024, touches on a press conference on the company’s annual results in Norway in Norway in Norway.

Ole Berg-Rusten | AFP | Getty pictures

The Norwegian government is under the growing pressure for the country 1.8 trillion dollars The sovereign wealth fund describes certain defense firms as “illogical” in the existing security landscape with opposition parties.

Norwegian government’s Pension Fund Global, The world’s largest sovereign wealth fundSince the early 2000s, the share of companies producing critical components for nuclear weapons was prevented.

Bottom moral rulesThe foundation was invested in companies participating in the production of ammunition, personnel anti-personnel mine and tobacco production among other things.

The country’s central conservative conservative Party, the government, in recent years, said that the time of China’s full-time occupation and the “significant reconstruction of the” important regime “countries have come to raise the share and ban.

“We are currently facing the most serious security crisis since World War II.

According to him, Norwegian Prime Minister Jonas Gahr Støre must try to change the ethics base of the country’s wealth fund, and life is not excluded because it is vital for Western security.

A spokesman for the Norwegian Ministry of Finance refused to comment on the CNBC, the government will first answer the similar question of the Norwegian parliament.

Norway, Norway, March 27, 2025 in Norway protesters in Norway, during a demonstration outside the Norwegian General Staff.

Bloomberg | Bloomberg | Getty pictures

The fund has previously excluded the British defense contractor Bae systems Due to the production of key components for the firm’s nuclear weapons and the US defense contractor Lockheed Matin Corp Due to the majority ammunition.

“Throughout the West, critical weapons are taken from companies outside the investment of the Oil Fund. The Norwegian Pension Fund is prohibited from the state budget and investing in the same companies.

The Norwegian Center is expected to manage alone in September to occur in September to occur. The country’s ruling coalition government has collapsed in the early year in connection with the European Union energy directives.

NATO-founding member works closely as a member of the Norwegian EU, but also a member of the European Economic Economic Economic.

Transportation of defense shares

Norwegian Prime Minister Jonas Gahr store, on November 26, 2024, in Oslo, Norway, Norway, Norway, Norway, Norway, a multi-Norwegian multinational energy company conference.

Thomas Fure | AFP | Getty pictures

One of the world’s largest investors, Norway’s sovereign wealth fund was created to invest in the country’s oil and gas sector profiling revenues in the 1990s. Have stock so far put money More than 8,650 companies in more than 60 countries around the world.

Hans Andreas limi, a MP for the right-wing Progress Party of Scandinavia, recently presented the bill of special members to ban the Fund’s nuclear weapons Financial times. O It was reported to have something described the ban as a “hypocritical”.

Sakso Bank’s Trade ESG head of the Esg, Johannesen, the Finance Ministry of the Ministry of Finance should not affect political pressure to raise the Fund’s nuclear weapons.

As a result, the Norwegian Bank of Norwegian Finance (responsible for the management of the Fund), Johannesen Johannesen, who is responsible for overcoming the work done by the Fund’s Office, and Johannesen Johannesen told CNBC.

“The actions of the ministry are not better interest in the public’s views, but the funds of the Foundation (Norway and its current and future generations) and the rules of the Foundation managing the mandate,” he said.



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