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Ethics committee member backs nuclear exemption for Norway's oil fund
Original: Ethics committee member backs nuclear weapons exemption for Norway’s oil fund despite misgivings
A member of the Council on Ethics for Norway's sovereign wealth fund has supported exempting nuclear weapons producers from the fund's exclusion rules, despite expressing reservations about the decision. The oil fund, one of the world's largest investors, has previously barred companies linked to nuclear arms under its ethical guidelines, and the proposed exemption marks a notable shift in how the fund applies its criteria.
Why now: A proposed weakening of the ethical rules governing one of the world's largest sovereign wealth funds is drawing attention.
Norway's oil fundCouncil on EthicsNorway
Evidence
- Ethics committee member backs nuclear weapons exemption for Norway’s oil fund despite misgivings · AMWatch
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