US EditionNorway wealth fund excludes six Israeli companies linked to West Bank, Gaza
Norway’s fund, with $1.9 billion in 38 Israeli firms, cut holdings from 61 since June, citing ethical concerns over occupation-related military support, per finance minister.
- On August 18, 2025, Norway’s sovereign wealth fund announced its decision to remove six Israeli companies connected to the West Bank and Gaza from its holdings after conducting an ethical assessment.
- This exclusion comes amid ongoing discussions sparked by reports on the fund’s investments in Israel and a recent communication from Norway’s Finance Ministry highlighting worsening conditions in Gaza and the West Bank.
- The fund terminated contracts last Monday with three external asset managers handling Israeli investments and announced it will now only invest in Israeli companies on its benchmark index.
- Finance Minister Jens Stoltenberg said, "This debate helps sharpen our practices," and indicated more frequent information exchanges could lead to additional divestments.
- The fund, worth about $2 trillion, will publish the names and reasons for excluding companies once divestments are completed, and it continues quarterly ethical assessments of Israeli holdings.
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36 Articles
Norway wealth fund excludes six Israeli companies linked to West Bank, Gaza
Norway's sovereign wealth fund, the world's largest, will exclude another six Israeli companies with connections to the West Bank and Gaza from its portfolio following an ethics review, it said on Monday.
Since 30 June, the oil fund, the largest in the world, has been disengaged from 23 companies of the Hebrew state. In the Scandinavian country, pressure is rising for others to be added to the list.
Norway wealth fund excludes 6 companies linked to W. Bank, Gaza
Norway's sovereign wealth fund, the world's largest, said on Monday it had decided to exclude another six companies with connections to the West Bank and Gaza from its portfolio, following an ethics review of its Israeli investments. The $2 trillion wealth fund did not name the companies it had decided to exclude but said these would be made public, along with specific reasons for each company, once the divestments were completed. One possibilit…
Norway wealth fund excludes six Israeli firms tied to illegal settlements, Gaza genocide
Norway’s sovereign wealth fund says it will exclude another six companies with connections to the illegal settlements in the West Bank and the ongoing Gaza genocide.
Norway’s Wealth Fund Excludes Six Israeli Companies Tied to Illegal Settlements and Gaza Genocide - Quds News Network
Norway’s $2 trillion sovereign wealth fund, the world’s largest, announced Monday it will exclude another six Israeli companies tied to illegal settlements in the occupied West Bank and the ongoing genocide in Gaza from its portfolio following an ethics review.
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