Latest reports
Annual report 2024
The Government Pension Fund Global returned 13.1 percent, or a record-high 2,511 billion kroner, in 2024. The fund’s value increased by 3,985 billion kroner, the biggest increase in krone terms in its history.
Responsible investment 2024
Our task is to generate the highest possible financial return in a responsible manner. In 2024, we made progress in line with our 2025 Climate action plan, made further renewable energy investments and increased our transparency. CEO pay remained a priority for us and we advocated for simpler and longer-term incentives. To mitigate financial risk for the fund, we divested from companies with unsustainable business models.
Half-year report 2024
The fund’s market value increased by 1,980 billion kroner to 17,745 billion kroner in the first half of 2024. The fund’s return for the period was 8.6 percent, or 1,478 billion kroner, which is 0.04 percentage point less than the return on the benchmark index.