Investing in Ethics: The Norwegian Model
As the world’s third largest oil exporter and a country that prides itself on promoting social justice, Norway has a pension fund of $250 billion, one of the largest in the world. Teams of ethicists investigate firms, when accusations emerge about exploited workers or environmental degradation, and offer advice. The fund, which earned more than 11 percent in 2005, influences corporations to examine moral issues, contribute to Norwegian society and pass on benefits to future generations. – YaleGlobal
Investing in Ethics: The Norwegian Model
Norway is rich in oil and natural gas, but it's also a resource success story that could provide a model for other nations
Friday, September 15, 2006
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