Public Debate

@inbook{RN49321,

title = {Engagement, divestment, or both? Conflicts and interactions: The case of the Norwegian Pension Fund},

author = {Andreas Follesdal},

editor = {Juan Pablo Bohoslavsky and Jernej Letnar Cernic},

url = {http://www.follesdal.net/ms/Follesdal-2014-engagement-divestment-both.pdf},

year  = {2014},

date = {2014-01-01},

urldate = {2014-01-01},

booktitle = {Sovereign Financing},

pages = {323-336},

publisher = {Hart},

address = {Oxford},

abstract = {The Norwegian Government Pension Fund is often regarded as the largest sovereign wealth fund in the world. The Fund merits international attention not only because of its size, but also in terms of its complex mission with regard to responsible investment and the mechanisms it employs in pursuit of this mission. At the same time, the Norwegian Parliament does not want the Fund to contribute to unethical acts or omissions, such as violations of fundamental humanitarian principles, serious violations of human rights, gross corruption or severe environmental damage. It has established two main mechanisms to avoid such complicity. These mechanisms ensure that the Fund is involved in ‘Socially Responsible Investing’ (SRI) of two distinct kinds: An activist approach and a negative approach. 

The following sections explore these mechanisms and discusses tensions among them, against a historic and current background.},

keywords = {debate, Human Rights, Socially responsible investing - SRI},

pubstate = {published},

tppubtype = {inbook}

}