Norway’s lawmakers approved changing the ethics rules for the country’s $2.1 trillion sovereign wealth fund to reduce the risk of a forced divestment of holdings in global technology giants.
The ruling Labor Party voted against its parliamentary allies on Tuesday, with 85 lawmakers in the 169-member Stortinget backing the move to secure a change in the ethical guidelines of the world’s largest sovereign investor, and 17 voting against.
The measure paves the way for raising the bar to sell out of companies like