Latest reports
Half-year report 2025
The investments in the Government Pension Fund Global returned 5.7 percent in the first half of 2025. This was 0.05 percentage point less than the return on the benchmark index.
Annual report 2024
The Government Pension Fund Global returned 13.1 percent, or a record-high 2,511 billion kroner, in 2024. The fund’s value increased by 3,985 billion kroner, the biggest increase in krone terms in its history.
Responsible investment 2024
In 2024, we made progress in line with our 2025 Climate action plan, made further renewable energy investments and increased our transparency. CEO pay remained a priority for us and we advocated for simpler and longer-term incentives. To mitigate financial risk for the fund, we divested from companies with unsustainable business models.