The world’s largest sovereign wealth fund, Norway’s Government Pension Fund Global (GPFG), has officially exited its equity position in Paz Oil Company Ltd. $PZOL.TA, citing the firm’s involvement in fuel infrastructure operations supporting Israeli settlements in the occupied West Bank. This divestment, announced on Sunday, reflects an increasingly assertive interpretation of ethical investment guidelines enforced by the fund's independent Council on Ethics.

Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, has reversed a key exclusion decision by lifting its ban on equity investments in RWE AG $RWE.DE, one of Germany’s leading utility companies. The decision, announced by Norges Bank Investment Management on Sunday, follows RWE’s accelerated coal phase-out strategy and growing alignment with internationally accepted ESG standards.

In a move that reverberates through both ethical investing and global energy markets, Norway’s Government Pension Fund Global (GPFG)—the largest sovereign wealth fund in the world—has announced the complete divestment of its fixed-income holdings in Mexico’s state-owned oil giant Petróleos Mexicanos (Pemex). The decision, made public on Sunday, stems from longstanding corruption concerns linked to Pemex's operations between 2004 and 2023.