11 of 61? So not even 20% wow that’s a whole lot of nothing…really showed them
It’s about companies involved with the Israeli military and their actions in Gaza. The rest have either, not been found to be involved, or are being kept as a bargaining chip I guess.
Norges has publicly divested and excluded more than 100 companies from its investment because their products or conduct violate fundamental ethical norms. The list comprises companies from around the globe.
Such exclusion lists exist for practically all similar funds, at least in democratic countries (before the tankies go mad: yes, it’s not perfect, we know). As you can see, in case of Norges, the list includes companies from a wide range of countries and regions, notably from the EU, the US, and China.
The 11 Israeli companies are not yet listed on the Norges website (as far as I can tell from quickly reading through the list).
Additon: The fund writes on its website:
Since 2020, we have been in contact with more than 60 companies to raise this issue [of war and conflict zones]. Of these, 39 dialogues were related to the West Bank and Gaza. In the autumn of 2024, we further intensified the monitoring of our investments in Israeli companies. As a result, we have sold our investments in several Israeli companies.
“Norges”? is your ai drunk?
No…it’s the Norwegian way of writing.
If the central bank of England was named “Englands Bank” would you call it Englands?
Norges Bank literally means Bank of Norway, and is the central bank of Norway. Norge is the name of Norway in Norwegian. In Norwegian you add a s after a noun to make it possessive.
Edit: Downvoting changes neither the name of the bank, nor Norwegian grammar, lol. This place is so Reddit-brained.
Norges Bank Investment Management: The fund - www.nbim.no
Yes, I know, I can read Norwegian. The name of the bank is still “Norges Bank”, not “Norges”. NBIM is a department of Norges Bank managing the Governement Pension Fund of Norway. As you are very set on it being called “Norges” I assume you can read Norwegian and can read the Norwegian Wikipedia article on the department:
https://no.wikipedia.org/wiki/Norges_Bank_Investment_Management
Here, I’ll even throw you a bone and link the English article for Norges Bank:
https://en.wikipedia.org/wiki/Norges_Bank
See the part where it’s name is “Norges Bank” and not “Norges”?
