The Norwegian Government Pension Fund, one of the largest sovereign wealth funds in the world and well known for investing its money responsibly, is to take a more active approach to its investments after reviewing its ethical guidelines.
The 2.5 trillion kroner (€315bn) fund - managed by Norges Bank, the country's central bank - is well known for its approach to ethical investments. In the past it has spurned arms manufacturers, mining companies, and US retailer Wal-Mart due to ethical concerns.
http://www.efinancialnews.com/story/2010-03-03/norway-new-ethical-guidelinesEdit: Sorry about this, turns out it was a site with registering. For some reason i didnt have to register the first time i read this, maybe cause i came through a google link?
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