Archive · 12 Aug 2025
Norway's Wealth Fund Divests from Israeli Companies
Norway, which has a lot of money from its oil sales, is pulling its money out of some Israeli companies.
This is because of worries about the war in Gaza and what the companies might be doing.
The company managing the money is the biggest of its kind in the world.
They want to avoid supporting anything that goes against international rules or causes problems in places like Gaza.
They are also stopping some of their own investment work in Israel but will still be invested in some.
The move was influenced by both public concern and the government's position on the situation.
Norway's sovereign wealth fund divests from 11 Israeli companies due to humanitarian concerns.
The fund, managed by NBIM, is the world's largest sovereign wealth fund.
The decision follows public pressure and concerns over the humanitarian crisis in Gaza.
NBIM will end all active management in Israel but remain invested in some companies within the index.
The fund previously excluded companies for activities in the West Bank.
- Who
- Norway's sovereign wealth fund (NBIM).
- What
- Norway's sovereign wealth fund divests from 11 Israeli companies and ends active management in Israel.
- When
- The decision was announced recently.
- Where
- Norway and Israel.
- Why
- Due to ethical concerns over the humanitarian crisis in Gaza and public pressure.
NBIM's Position
N/A
Basis for Decision
NBIM's Position
Ethical concerns over the war in Gaza and potential violations of international law.
N/A
N/A
- Fund Name
- Norges Bank Investment Management (NBIM)
- Fund Size
- $1.9 trillion
- Companies affected
- 11 Israeli companies
- Reason for action
- Ethical concerns related to the war in Gaza
- CEO of NBIM
- Nicolai Tangen
- Action
- Ending active management in Israel
