Norway’s $2 Trillion Wealth Fund Cuts Ties with Caterpillar Over Gaza Concerns Oslo – Norway’s $2 trillion sovereign wealth fund, the world’s largest, announced last week that it has divested from U.S. construction giant Caterpillar on ethical grounds. The decision comes amid concerns that the company’s equipment is being used by Israeli authorities in Gaza […]
Norway’s Wealth Fund Dumps Caterpillar, Israeli Banks Over Rights Concerns OSLO – Norway’s $1.6 trillion sovereign wealth fund has pulled its investments from U.S. machinery giant Caterpillar and five Israeli banks, citing what it called an “unacceptable risk” of involvement in human rights violations linked to the war in Gaza and Israeli settlement activity. The […]