Rahul Gandhi Criticizes PM Modi Following Norway Pension Funds Decision to Remove Adani Shares

In February 2026, Norway’s sovereign wealth fund, valued at $1.2 trillion and recognized as the largest in the world, announced its decision to exclude Adani Green Energy Ltd. from its investment portfolio. This decision was made amidst concerns regarding the companys purported links to financial misconduct.

The move comes at a time when Adani Group, the parent company of Adani Green Energy, has faced increased scrutiny over its business practices and governance. The sovereign wealth fund, which invests on behalf of the Norwegian government, aims to adhere to strict ethical standards, and this action underscores its commitment to sustainable and responsible investment.

The decision to divest from Adani Green Energy also reflects broader trends in the investment community, where increasing attention is being paid to corporate governance and transparency. As institutional investors increasingly consider environmental, social, and governance (ESG) criteria in their investment decisions, such moves might impact the overall market positioning of companies perceived to have questionable compliance with ethical practices.

The exclusion from Norways sovereign wealth fund could have significant implications for Adani Green Energy’s financial standing and future investment opportunities, particularly as it continues its efforts to expand its renewable energy initiatives in India and globally.