Norwegian sovereign wealth fund expresses support for Palantir to enhance disclosure of human rights risks and political spending

Glonghui, June 1st｜According to Bloomberg, before Palantir's shareholder meeting, Norway’s sovereign wealth fund expressed support for shareholders' calls for the company to strengthen disclosures on human rights risks and political spending. The report states that by the end of last year, Norway’s sovereign wealth fund held about 1.22% of Palantir’s shares, with approximately 0.89% of voting rights. Palantir’s 2026 shareholder meeting will be held on June 3rd. Shareholder proposals include requesting the board to commission an independent third party to submit a report explaining how the company assesses clients’ use of its defense-related products, technology, and services, and whether such use could cause or be involved in human rights violations or breaches of international humanitarian law, especially in high-risk or conflict-affected areas. Another shareholder proposal urges the company to publish a human rights impact assessment to review the actual and potential human rights implications of using Palantir’s products and services. A third shareholder proposal requests the company to disclose its political spending.