And flowing from that governance distinction, the Government of Norway has put in place an ethics council and they have decided to screen 20 companies out of 8,000. We, on the other hand, operate at arm's length from government and have instituted a responsible investing policy that applies to all 2,900 companies in which we invest. By divesting, Norway loses any opportunity to engage with these companies to try to promote better ethical practices in those jurisdictions.
On November 17th, 2009. See this statement in context.