The ethics council that guides Norway’s $820 billion sovereign wealth fund is zeroing in on the textile industry for breaching its standards in a development that may lead to some companies being excluded from the fund’s portfolio.

 

In a study of about 400 textile manufacturers, about “two handfuls” have been singled out and contacted, Johan H. Andresen, the chairman of Norway’s Council on Ethics, said in an interview on Thursday at his office on the outskirts of Oslo.