The Goverment Pension Fund - Global
Founded in 1990, changed name in January 2006 from The Petroleum Fund of Norway.
Managed by Norges Bank Investment Management (NBIM), part of Norwegian Central Bank.
The Petroleum Fund’s Advisory Council on Ethics was established in November 19, 2004 by royal decree.
Companies Excluded from the Investment Universe³
Serco Group Plc
Vedanta Resources Plc.
Sterlite Industries Ltd.
Madras Aluminium Company Ltd.
DRD Gold Limited
Wal-Mart Stores Inc
Wal-Mart de Mexico SA de CV
Freeport McMoRan Copper Gold Inc
BAE Systems Plc.
Honeywell International Inc.
Northrop Grumman Corp.
United Technologies Corp.
Alliant Techsystems Inc.
EADS Co (European Aeronautic Defence and Space Company)
EADS Finance BV
General Dynamics Corporation
L3 Communications Holdings Inc.
Lockheed Martin Corp.
Singapore Technologies Engineering
P.O Box 1179 Sentrum
N-0107 Oslo, Norway
Tel +47 22 31 60 00
1. Hemscott - Norway's oil fund shrinks 1.3 pct in October, 14 November 2008
2. Major Norwegian Sovereign Wealth Fund Holdings, A Portfolio Analysis of Sovereign Wealth Funds, Christopher Balding, University of California, May 2008
3. Ownership and ethics - Norges Bank website
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