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Norway Wealth Fund Dumps Shipping Investments, Others on Ethics Grounds

By Jonas Bergman (Bloomberg) — Norway’s Wealth Fund dumped a series of companies involved in making nuclear weapons and excluded others based on human rights concerns as the $1.1 trillion investor steps up its scrutiny over how corporations behave. AECOM, BAE Systems, Fluor Corp. and Huntington Ingalls Industries Inc. were excluded “because of their involvement […]

The post Norway Wealth Fund Dumps Shipping Investments, Others on Ethics Grounds appeared first on gCaptain.



This post first appeared on GCaptain - Maritime News, please read the originial post: here

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