Norwegian Government Pension Fund Global

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instanceOf 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
https://www.w3.org/2000/01/rdf-schema#label Norwegian Government Pension Fund Global
gptkbp:investedIn real estate
fixed income
global equities
gptkbp:investmentMandate set by Ministry of Finance
gptkbp:investmentPolicy 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