Brief: Norges Bank Says Decided To Exclude Four Companies From The Government Pension Fund Global, As Well As To Revoke The Exclusion Of One Company

Tong Ren Tang Technologies Co

29/09/2021 21:17

Sept 29 (Reuters) - Norges Bank:  
    * NORGES BANK SAYS DECIDED TO EXCLUDE FOUR COMPANIES FROM
THE
GOVERNMENT PENSION FUND GLOBAL, AS WELL AS TO REVOKE THE
EXCLUSION OF ONE COMPANY
    * NORGES BANK-EXECUTIVE BOARD DECIDED TO EXCLUDE COMPANIES
CHINA
TRADITIONAL CHINESE MEDICINE HOLDINGS CO, BEIJING TONG REN TANG
CHINESE MEDICINE CO
    * EXECUTIVE BOARD HAS ALSO DECIDED TO REVOKE EXCLUSION OF
HANWHA
CORP
    * NORGES BANK-EXECUTIVE BOARD ALSO DECIDED TO EXCLUDE
COMPANIES
TONG REN TANG TECHNOLOGIES CO, AND CHINA GRAND PHARMACEUTICAL
AND HEALTHCARE HOLDINGS
    * NORGES BANK SAYS DECISIONS ARE BASED ON RECOMMENDATIONS
FROM THE
COUNCIL ON ETHICS OF 15 MARCH 2021 AND 28 APRIL 2021
    * NORGES BANK SAYS EXECUTIVE BOARD HAS ALSO DECIDED TO
REVOKE THE
EXCLUSION OF HANWHA CORP
    * NORGES BANK SAYS COUNCIL ON ETHICS HAS STATED THAT HANWHA
CORP
NO LONGER HAS ANY ACTIVITIES RELATED TO THE PRODUCTION OF
CLUSTER MUNITIONS
    * NORGES BANK SAYS EXECUTIVE BOARD HAS NOT CONDUCTED AN
INDEPENDENT ASSESSMENT OF ALL ASPECTS OF THE RECOMMENDATIONS
    * NORGES BANK SAYS THOUGH EXECUTIVE BOARD HAS NOT CONDUCTED
INDEPENDENT ASSESSMENT, IT IS SATISFIED THAT THE EXCLUSION
CRITERIA HAVE BEEN FULFILLED

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