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Norway decides to dump its Wal-Mart shares quoting systematic violations of human and labour rights Wal-Mart's antisocial behaviour has caused Norway's oil income based "Norwegian Government Pension Fund - Global" to disinvest from the company. Finance Minister Kristin Halvorsen explained the decision with the Bentonville-based multinational's "serious" and "systematic violations of human rights and labour rights". Quoted by Aftenposten, Halvorsen said that keeping the Wal-Mart shares "entails an unacceptable risk that the Fund may be complicit in serious... violations of norms." The Norwegian decision follows previous disinvestment moves by socially responsible investors in Scandinavia. This includes Danish pension funds, who got rid of their Wal-Mart shares last year.
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