Norway wealth fund must have wider human rights view when blacklisting firms: commission

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Norway's $1 trillion wealth fund could blacklist more companies from its investments, including those that make machine-controlled weapons, if proposals on Monday to modify its mandate are adopted, the head of a government-appointed commission said.

OSLO - Norway’s $1 trillion wealth fund could blacklist more companies from its investments, including those that make machine-controlled weapons, if proposals on Monday to modify its mandate are adopted, the head of a government-appointed commission said.

It should also stop investing in firms that manufacture lethal autonomous weapons, a new type of weaponry often nicknamed “killer robots”, because the machine, rather than a person, decides whether to fire on a target. The proposals will be sent for hearing, with the government planning its own proposals for next spring.

 

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They are blacklisting Canadian energy companies while supporting Norwegian drilling in the North Sea, correct?

Those over privileged white people need to share their wealth! BlackLivesMatter Just kidding!

yes, b a responsible investor these days. you just cannot support forced labour businesses etc etc.

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