Norwegian Oil Fund
The Norwegian Oil Fund, officially known as the Government Pension Fund Global, is a sovereign wealth fund owned by the Kingdom of Norway. Established in 1990, it invests the surplus revenues from the country's oil and gas sector to secure wealth for future generations. The fund is one of the largest in the world, with investments in various assets, including stocks, bonds, and real estate.
The fund aims to promote long-term financial stability and sustainability. It follows ethical guidelines to ensure responsible investing, avoiding companies involved in activities like tobacco, weapons, and human rights violations. This approach reflects Norway's commitment to social responsibility and environmental sustainability.