Oljefondet | Oslo is a brand that represents the Government Pension Fund Global, established by Norway after the discovery of oil in the North Sea. The fund serves multiple purposes, including shielding the economy from oil revenue fluctuations, acting as a financial reserve, and providing long-term savings for current and future generations. With a unique focus on responsible investment, Oljefondet seeks to ensure that Norway's oil wealth is used responsibly, with a long-term perspective in mind.

Most of the fund's growth comes from investments in equities, fixed income, real estate, and renewable energy infrastructure. As one of the world's largest funds, Oljefondet owns shares in nearly 9,000 companies globally, providing a small share of their profits annually. The fund also generates income from rental properties and lending activities.

By diversifying investments, the fund minimizes the risk of financial losses. To secure the fund's future, the Norwegian government follows a fiscal rule, spending only the expected return on the fund. This ensures that oil revenue is gradually phased into the economy, and only the fund's return, not the capital, is spent.

With a focus on sustainability, Oljefondet considers environmental and social factors when investing in companies and sets clear expectations for their behavior. The fund follows ethical evaluations performed by an independent Council on Ethics. Oljefondet is committed to preserving Norway's wealth in the long run, aiming to generate the highest possible return with moderate risk.

By managing investments responsibly and aligning profitability with societal expectations, the fund seeks to ensure a sustainable future for both the Norwegian economy and the global community