Norway’s Ethics Overhaul Could Change ESG Standards Across Sovereign Investment

19th October, 2026
Norway is considering changes to its US$2.3 trillion sovereign wealth fund that could reopen investment in Western defence companies, give Norges Bank Investment Management (NBIM) greater discretion regarding ethical exclusions and restrict publication of some company assessments. The proposals would change how one of sovereign investment universe’s leading ESG practitioners...
Norway is considering changes to its US$2.3 trillion sovereign wealth fund that could reopen investment in Western defence companies, give Norges Bank Investment Management (NBIM) greater discretion regarding ethical exclusions and restrict publication of some company assessments. The proposals would change how one of sovereign investment universe’s leading ESG practitioners...

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