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Norges BankNorway
Active
This profile is actively maintained
Last update: 2023-03-02 15:52:17
Norges Bank head office in Oslo. Photo: User:Mahlum via Wikimedia Commons Public Domain
Active
This profile is actively maintained
Last update: 2023-03-02 15:52:17
About
| Website | http://www.norges-bank.no |
| Headquarters |
Bankplassen 2
0151 Oslo
Norway
|
| CEO/chair |
Ida Wolden Bache Governor and Chair of the Executive Board |
| Supervisor |
|
| Ownership |
Norges Bank is owned by the Norwegian state. |
Norges Bank, established in 1816, is the central bank of Norway. The bank does not offer any banking services to the general public. Its mandate is to promote economic stability in Norway. Norges Bank has executive and advisory responsibilities in the area of monetary policy and is responsible for promoting robust and efficient payment systems and financial markets. Norges Bank, via its subsidiary Norges Bank Investment Management, manages Norway's foreign exchange reserves and the Government Pension Fund Global, also known as the Oil Fund, which was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. This is the largest sovereign wealth fund in the world.
Sustainability
Commitments
Policies
Voluntary standards
Norges Bank's most important sustainability commitments can be found at the website sections listed below.
Links
Norges Bank has committed itself to the following voluntary standards:
Dodgy Deals
Norges Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Norges Bank's link to these deals.
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Accountability
This page evaluates Norges Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
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