Norway's sovereign fund excludes 9 more firms on ethics grounds

Atal SA

16/01/2018 09:00

OSLO, Jan 16 (Reuters) - Norway's $1.07 trillion sovereign 
wealth fund has excluded nine more companies from its portfolio 
based on breaches of its ethical investment criteria, the 
Norwegian central bank, which manages the fund, said in a 
statement on Tuesday. 
    Evergreen Marine Corp (Taiwan) Ltd  2603.TW , Korea Line 
Corp  005880.KS , Precious Shipping PCL  PSL.BK , Atal SA 
 1AT.WA  and Thoresen Thai Agencies PCL  TTA.BK  were among 
those that were excluded. 
    AECOM  ACM.N , BAE Systems  BAES.L , Fluor Corp  FLR.N  and 
Huntington Ingalls Industries Inc  HII.N  were also removed from 
the portfolio, while the earlier exclusion of Honeywell 
International Inc  HII.N  was maintained. 
    Pan Ocean Co. Ltd  028670.KS  was placed under observation, 
the central bank added. 
     
($1 = 7.8783 Norwegian crowns) 
 
 (Reporting by Terje Solsvik, editing by Louise Heavens) 
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70; Reuters 
Messaging: terje.solsvik.thomsonreuters.com@reuters.net)) 
 
Keywords: NORWAY SWF/ETHICS