|
gptkbp:instanceOf
|
gptkb:sovereign_wealth_fund
|
|
gptkbp:alsoKnownAs
|
Oil Fund
|
|
gptkbp:annualReport
|
published by Norges Bank Investment Management
|
|
gptkbp:annualReturn
|
varies by year
|
|
gptkbp:annualTransfersFromState
|
based on fiscal rule
|
|
gptkbp:assetsUnderManagement
|
over 1.4 trillion USD
|
|
gptkbp:auditedBy
|
Office of the Auditor General of Norway
|
|
gptkbp:bench
|
custom global index
|
|
gptkbp:climateRiskPolicy
|
integrated in investment decisions
|
|
gptkbp:corporateSocialResponsibility
|
active ownership and voting
|
|
gptkbp:country
|
gptkb:Norway
|
|
gptkbp:currency
|
gptkb:Norwegian_krone
|
|
gptkbp:divestmentPolicy
|
fossil fuel companies (partial)
|
|
gptkbp:ESGIntegration
|
yes
|
|
gptkbp:established
|
1990
|
|
gptkbp:excludedCompanies
|
companies violating ethical guidelines
|
|
gptkbp:excludedSectors
|
controversial weapons, tobacco, coal
|
|
gptkbp:externalManagers
|
used for some investments
|
|
gptkbp:firstInvestmentYear
|
1998
|
|
gptkbp:fiscalRule
|
maximum 3% of fund value used in state budget
|
|
gptkbp:fundedBy
|
Norwegian petroleum sector revenues
|
|
gptkbp:headquartersLocation
|
gptkb:Oslo
|
|
gptkbp:investedIn
|
real estate
fixed income
global equities
|
|
gptkbp:investmentMandate
|
set by Ministry of Finance
|
|
gptkbp:investmentPolicy
|
gptkb:ethical_guidelines
|
|
gptkbp:investmentRestrictions
|
no direct investment in Norwegian companies
|
|
gptkbp:investmentUniverse
|
developed and emerging markets
|
|
gptkbp:largestShareholderIn
|
many global companies
|
|
gptkbp:largestSovereignWealthFund
|
yes
|
|
gptkbp:legislature
|
Act relating to the Government Pension Fund
|
|
gptkbp:managedBy
|
gptkb:Norges_Bank_Investment_Management
|
|
gptkbp:notableInvestment
|
global
|
|
gptkbp:oversees
|
gptkb:Norwegian_Ministry_of_Finance
|
|
gptkbp:owner
|
gptkb:Government_of_Norway
|
|
gptkbp:percentageOfGlobalEquities
|
about 1.5%
|
|
gptkbp:publicConsultation
|
on ethical guidelines
|
|
gptkbp:publiclyTradedHoldings
|
over 9,000 companies
|
|
gptkbp:publicOwnership
|
100% owned by Norwegian state
|
|
gptkbp:purpose
|
long-term management of petroleum revenues
|
|
gptkbp:realEstateInvestmentStart
|
2011
|
|
gptkbp:reportingCurrency
|
gptkb:Norwegian_krone
|
|
gptkbp:taxStatus
|
exempt from Norwegian tax
|
|
gptkbp:transparency
|
high, with public disclosures
|
|
gptkbp:votingDisclosure
|
published online
|
|
gptkbp:votingSystem
|
exercises at shareholder meetings
|
|
gptkbp:website
|
https://www.nbim.no/
|
|
gptkbp:bfsParent
|
gptkb:IFSWF
|
|
gptkbp:bfsLayer
|
7
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Norwegian Government Pension Fund Global
|