Sovereign Wealth Fund Divestment as an Environmental Protection Strategy

The Norwegian government in particular has taken some promising steps toward including environmental concerns as an important consideration when determining in which companies its sovereign wealth fund should invest over the past decade. In 2004, the Norwegian government established the Council on Ethics to ensure that investments are consistent with ethical guidelines. The Council on Ethics obtains risk data from RepRisk Business Intelligence, which monitors companies in the Fund’s portfolio for issues involving severe human rights violations, environmental degradation or corruption. Recommendations made by the Council are then considered by the Ministry of Finance in making decisions about which companies to exclude from the fund.
http://voices.nationalgeographic.com/2014/11/22/sovereign-wealth-fund-divestment-as-an-environmental-protection-strategy/