Norway’s sovereign wealth fund said Friday it was excluding French mining company Eramet from its portfolio, citing risks that the company was contributing to human rights violations and environmental damage at a nickel mine in Indonesia.

Managed by the country’s central bank Norges Bank and fuelled by Norway’s vast energy revenues, the fund is the world’s biggest, with a value of nearly $2 trillion and investments in more than 8,600 companies across the globe.

“Norges Bank’s Executive Board has decided to exclude the company Eramet SA due to an unacceptable risk that the company contributes to or is itself responsible for serious environmental damage and gross violations of human rights,” the fund said in a statement.

As of June 30, the fund had a 0.44 percent stake in Eramet, valued a

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