In April 2019, the Norwegian government appointed a committee to review the Guidelines for Observation and Exclusion of Companies from the Government Pension Fund Global (GPFG).

The Ethics Committee is chaired by Professor Ola Mestad, and is due to publish its report no later than 15 June 2020.

It is the Council on Ethics which provides day-to-day recommendations on whether to exclude companies from the GPFG or place them under observation.