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Norway’s wealth fund sets out new expectations for companies regarding the prevention of corruption

#Norway

On February 13, Norway’s wealth fund – managed by Norges Bank Investment Management – set out new expectations for the companies it invests in, regarding the way they prevent and fight corruption internally.

The fund said in a statement it expects “boards to ensure that the company sets a clear policy on anti-corruption and that relevant measures are integrated into business strategy, risk management and reporting”. A day earlier, the Ethisphere Institute had released “The 2018 World’s Most Ethical Companies Honoree List” honoring the 135 most ethical companies in the world.

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