"Norway’s $2.3tn fund backs a human-rights review at Palantir" 29 May 2026

Norges Bank Investment Management, which runs Norway’s $2.3 trillion oil fund, will vote in favour of shareholder proposals calling for a human-rights review at Palantir Technologies, the data-analytics company co-founded by Peter Thiel.

The fund disclosed it would support motions on human-rights due diligence and impact assessment, and on reporting of political contributions, ahead of Palantir’s annual general meeting on June 3...

...The central proposal, filed by the Congregation of the Sisters of St Joseph of Peace, asks Palantir to conduct and publish a human-rights impact assessment, the standard due-diligence tool a company uses to identify and account for harms connected to its products.

The filing cites concern over how Palantir’s software is used, pointing to an 84% rise in US immigration detentions and record deaths in custody since the start of 2025.

Palantir sits at the centre of two of the most contested deployments of data software anywhere. Its tools have been supplied to US Immigration and Customs Enforcement, where critics say they help target people for removal, and its work with the Israeli government has drawn accusations that its systems feed targeting in Gaza. The company has consistently defended its government work as lawful and necessary...