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