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    Half-year results 2025

    The fund's half-year results will be presented at a press conference at Arendalsuka 13 August at 10:00 CET. It will also be live-streamed.

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    Submissions to ministry

    Translation from Norwegian. For information only.


    2025

    • Government Pension Fund Global – benchmark index for equities 08 Jan. 2025

    2024

    • The Government Pension Fund Global’s investments in Russia 04 Dec. 2024

    2023

    • Investment strategy for the Government Pension Fund Global – unlisted equities 28 Nov. 2023
    • Regulation of unlisted investments in the management mandate for the Government Pension Fund Global 28 Nov. 2023
    • The fund in a changing world – consultation response 06 Jan. 2023

    2022

    • Government Pension Fund Global – Follow-up of the 2021 white paper on the Government Pension Fund 28 Sept. 2022
    • The Government Pension Fund Global's investments in Russia 15 Mar. 2022

    2021

    • Work on climate risk in the Government Pension Fund Global 21 Dec. 2021
    • Government Pension Fund Global – Experience of the climate criterion 21 Dec. 2021
    • Review of the management of the Government Pension Fund Global 13 Dec. 2021
    • Environment-related mandates and reporting in the Government Pension Fund Global 25 Oct. 2021
    • Climate risk in the Government Pension Fund Global 02 Jul. 2021
    • Tax and transparency – follow-up of the Storting’s consideration of the white paper on the fund for 2020 24 Feb. 2021
    • The benchmark index for equities 04 Feb. 2021
    • Markets in the benchmark index for equities 04 Feb. 2021
    • Follow-up of recommendations on observation and exclusion of companies from the Government Pension Fund Global 04 Feb. 2021
    • Management of the Government Pension Fund Global in the light of the coronavirus pandemic 06 Jan. 2021

    2020

    • Norges Bank consulation response, NOU 2020:7 Values and Responsibility 19 Oct. 2020
    • The benchmark index for the Government Pension Fund Global 01 Sept. 2020
    • The benchmark index for equities – emerging equity markets 01 Sept. 2020
    • Composition of the benchmark index for equities 10 Jun. 2020
    • Implementation review, strategy period 2017–2019 10 Jun. 2020

    2019

    • Government Pension Fund Global – Account of work on climate risk 28 Nov. 2019
    • Energy stocks in the Government Pension Fund Global 02 Oct. 2019
    • Mandate for the Government Pension Fund Global – framework for bond investments 16 Sept. 2019
    • Mandate for the Government Pension Fund Global – investments in renewable energy infrastructure 16 Sept. 2019
    • Phase-in of new equity share for the Government Pension Fund Global 29 Aug. 2019
    • Access to invest in unlisted companies seeking a listing 28 Aug. 2019
    • Geographical distribution of the benchmark index for equities 27 Aug. 2019
    • Equity investments in emerging markets 27 Aug. 2019
    • GPFG - Real estate management 07 Feb. 2019

    2018

    • Government Pension Fund Global – Periodic evaluation of the organisation of work on observation and exclusion 14 Dec. 2018
    • Additional information on coal related operations 13 Dec. 2018
    • Guidelines for observation and exclusion 07 Nov. 2018
    • The Government Pension Fund Global’s environment-related investment mandates 30 Oct. 2018
    • Investments in unlisted renewable energy infrastructure in the Government Pension Fund Global 29 Oct. 2018
    • Government Pension Fund Global Guidelines for Observation and Exclusion 25 Oct. 2018
    • The rule for rebalancing the equity share in the Government Pension Fund Global 28 Aug. 2018
    • Energy stocks in the Government Pension Fund Global 26 Apr. 2018
    • Government Pension Fund Global – Reporting on climate risk 21 Feb. 2018
    • Expectation document on tax and transparency 24 Jan. 2018
    • Government Pension Fund Global – unlisted equity investments 08 Jan. 2018

    2017

    • Review of Norges Bank’s management of the Government Pension Fund Global 15 Dec. 2017
    • Bonds in the Government Pension Fund Global 14 Dec. 2017
    • Investment strategy for the Government Pension Fund Global 16 Nov. 2017
    • Bonds in the Government Pension Fund Global 01 Sept. 2017
    • Proposed changes to the Management Mandate for the Government Pension Fund Global 23 Jun. 2017
    • Experience of the new climate and coal criteria in the Guidelines for Observation and Exclusion from the Government Pension Fund Global 31 Jan. 2017
    • Expectations on international corporate tax transparency 30 Jan. 2017

    2016

    • Investments in unlisted infrastructure in the Government Pension Fund Global 20 Dec. 2016
    • Guidelines for investments in government bonds - Government Pension Fund Global 19 Dec. 2016
    • Government Pension Fund Global – management mandate 08 Dec. 2016
    • The equity share in the benchmark index for the Government Pension Fund Global 01 Dec. 2016
    • Revision of the mandate for the Government Pension Fund Global – changes to the regulation of real estate investments 14 Oct. 2016
    • Amendments to the mandate for the Government Pension Fund Global 02 Feb. 2016
    • Government Pension Fund Global – Proposed amended provisions on a new product-based coal criterion in the framework for responsible investment, etc. 02 Feb. 2016

    2015

    • Government Pension Fund Global – Investments in infrastructure 08 Dec. 2015
    • The framework for the management of the Government Pension Fund Global 08 Dec. 2015
    • Government Pension Fund Global – Investments in real estate 08 Dec. 2015
    • Government pension Fund Global - the limit for benchmark deviations 01 Oct. 2015
    • Investments in and policy tools for coal companies 04 Sept. 2015
    • The benchmark index for the Government Pension Fund Global 25 Feb. 2015
    • Consultation - Report from the expert group on investments in coal and petroleum companies 05 Feb. 2015
    • Financial risk associated with climate change 05 Feb. 2015

    2014

    • Environment-related investment mandates in the Government Pension Fund GlobaL 21 Nov. 2014
    • Framework for the management of the Government Pension Fund Global 04 Apr. 2014
    • Review of Norges Bank’s management of the Government Pension Fund Global 04 Apr. 2014
    • Review of Norges Bank’s management of the Government Pension Fund Global 04 Apr. 2014
    • Consultation – Responsible investment strategy for the Government Pension Fund Global 29 Jan. 2014

    2013

    • Listed real estate investments in the Government Pension Fund Global 12 Apr. 2013

    2012

    • Government Pension Fund Global – inflation-linked bonds in the strategic benchmark index 08 Oct. 2012
    • Government Pension Fund Global – rules for rebalancing the benchmark index 30 Mar. 2012
    • Government Pension Fund Global – strategic benchmark index for equity investments 30 Mar. 2012
    • Emerging markets in a new strategic benchmark index for the Government Pension Fund Global’s bond investments 30 Mar. 2012

    2011

    • Report No. 15 (2010-2011) to the Storting on the Management of the Government Pension Fund in 2010 06 Oct. 2011
    • Government Pension Fund Global – investment strategy for nominal bonds 08 Apr. 2011
    • Management mandate for the Government Pension Fund Global – supplementary limits 06 Apr. 2011
    • The final report from Ernst & Young's review of investment management at Norges Bank 10 Feb. 2011

    2010

    • Development of the investment strategy for the Government Pension Fund Global 06 Jul. 2010
    • An assessment of the basis for unlisted investments focusing on the environment and sustainable growth 06 Jul. 2010

    2009

    • Norges Bank’s active management of the Government Pension Fund Global 23 Dec. 2009
    • Hearing on new rules for the management of the Government Pension Fund Global 21 Oct. 2009
    • Active management of the Government Pension Fund – Global 12 Mar. 2009
    • Risk-based supervision of Norges Bank’s management of the Government Pension Fund – Global 12 Feb. 2009

    2008

    • The benchmark portfolio for the Government Pension Fund – Global 03 Nov. 2008
    • The consultation on the ethical guidelines for the management of the Government Pension Fund – Global 12 Sept. 2008
    • Comments on the report by The Albright Group and Simon Chesterman on the implementation of the ethical guidelines 06 Jun. 2008
    • The benchmark portfolio for the Government Pension Fund – Global 05 Feb. 2008
    • The investment universe for the Government Pension Fund – Global: inclusion of pre-IPO companies 01 Feb. 2008
    • The ownership limit for the Government Pension Fund – Global 01 Feb. 2008

    2007

    • Inclusion of real estate investments in the Government Pension Fund - Global 22 Aug. 2007

    2006

    • Changes to the benchmark portfolio of the Government Pension Fund - Global 10 Feb. 2006

    2005

    • Corporate governance in the Norwegian Government Petroleum Fund 08 Dec. 2005

    2004

    • Alternative models for the Environment Fund 26 Feb. 2004

    2003

    • Strategic allocation in the Petroleum Fund: an analysis of the basis for 28 Aug. 2003
    • Expansion of the benchmark index for the Government Petroleum Fund’s 01 Apr. 2003
    • Exercise of ownership rights in the management of the Government Petroleum Fund 12 Feb. 2003
    • New evaluation of emerging equity and bond markets 06 Jan. 2003

    2002

    • An appraisal of the regional weighting of the Petroleum Fund 11 Apr. 2002
    • Expanding the Petroleum Fund’s investment universe 21 Mar. 2002

    2001

    • Remuneration for management of the Government Petroleum Fund 23 Aug. 2001
    • Choice of a new benchmark for the Government Petroleum Fund's fixed income investments 23 Aug. 2001
    • Draft amendment of the Regulation relating to the Management of the Government Petroleum Fund 23 Aug. 2001
    • Rebalancing regime for the Government Petroleum Fund 22 Aug. 2001
    • An analysis of the Government Petroleum Fund’s equity allocation 15 Mar. 2001
    • Bonds with no government guarantee in the benchmark 15 Mar. 2001

    2000

    • Choosing between internal and external management for the Government Petroleum Fund 05 Sept. 2000
    • Emerging equity markets and the Petroleum Fund's benchmark portfolio 30 Aug. 2000
    • The limit on tracking error for the Petroleum Fund 05 May. 2000
    • Assessment of the Petroleum Fund's ownership limits 25 Apr. 2000
    • Proposed guidelines for the environmental fund 29 Mar. 2000

    1999

    • The Government Petroleum Fund - evaluation of potential new markets 26 Aug. 1999
    • Implications for the management of the Government Petroleum Fund if special environmental considerations are used as a basis for the choice of investment strategy 16 Mar. 1999

    1998

    • Consequences of introducing special ethical guidelines for the management of the Petroleum Fund 22 Apr. 1998

    1997

    • Proposal for guidelines for the Government Petroleum Fund 22 Aug. 1997
    • Future management of the Government Petroleum Fund 10 Apr. 1997
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