Norway's $2 trillion sovereign wealth fund announced on December 2, 2025, that it is intensifying pressure on Microsoft regarding human rights concerns. The fund, which is the world's largest, will support a shareholder proposal at the upcoming annual meeting on December 5, demanding a report on the human rights risks associated with Microsoft's products in conflict zones, specifically mentioning the use of its cloud and AI services by the Israeli military in Gaza. This move represents a significant challenge from one of Microsoft's largest investors. In addition to backing the human rights proposal, the fund also stated its intention to vote against CEO Satya Nadella's reappointment as chairman of the board, citing its policy against a CEO holding both roles. It will also oppose his executive compensation package, criticizing the scale of U.S. executive pay. Microsoft's management has recommended that shareholders vote against the proposal.