Decision on revoking of exclusion
Norges Bank has decided to revoke the exclusion of one company.
21 November 2023
The Executive Board has decided to revoke the exclusion of Serco Group PLC. The company has been excluded since 2007 due to production of nuclear weapons. The background was the company’s participation in the partnership AWE-ML, which was the operating company of the state-run British Atomic Weapons Establishment (AWE). According to the Council on Ethics, AWE-ML is now discontinued, and activities have been transferred back to the state-run AWE. Against this background, the Council on Ethics has recommended that there is no longer a basis for excluding the company.
The decision is based on a recommendation from the Council on Ethics of 21 September 2023.
Read recommendation from the Council on Ethics here.
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