Norway's sovereign wealth fund to vote for human-rights review at Palantir
By
Cristian Dina
A bagel you'd recommend to a friend without hedging.
Summary
Norway's $2.3 trillion sovereign wealth fund (Norges Bank Investment Management) is backing shareholder proposals at Palantir Technologies, the data-analytics company co-founded by Peter Thiel, calling for a human-rights review and due diligence assessment, as well as reporting on political contributions. The fund's support is significant given its size and influence as a major shareholder.
Key quotes
· 3 pulledThe world's largest sovereign wealth fund does not often pick a fight with a company it owns.
When it does, the size of the holder makes the gesture hard to ignore.
The fund disclosed it would support motions on human-rights due diligence and impact assessment, and on reporting of political contributions, ahead of Palantir's annual
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