Norway's sovereign wealth fund excludes 3 firm over ethical, environment concern

Norway's sovereign wealth fund, the world's largest, said on Thursday it has added three more companies to the list of firms in which it will not invest.

Texwinca Holdings Co, Evergy Inc and Washington H. Soul Pattinson & Co Ltd. were all removed from the fund's portfolio, it said in a statement. The Norwegian fund, whose assets are close to $1 trillion, excludes companies based on a range of ethical or environmental criteria. It owns stakes in nearly 9,000 firms globally.

(With inputs from agencies.)