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#SustainableInvestment
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Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 3d

Norway's $2.2 trillion sovereign wealth fund is reportedly stepping back from active climate change engagement with its investments, despite previously committing to ensure that its portfolio companies achieve net-zero greenhouse gas emissions by 2050, according to an environmental NGO report. #ClimateChange #SustainableInvestment #NetZero #NO #BR #US #CV #EX #PE

www.reuters.com
Exclusive: Norway wealth fund comes up short on its climate ambitions, says NGO
OSLO, May 5 (Reuters) - Norway's $2. 2 trillion sovereign wealth fund, the world's largest, is pulling back from active engagement on climate change at the companies it is invested in despite its stated ambitions to address it, a report by an environmental NGO said on Tuesday.
R
Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 3d

A report by the environmental NGO Framtiden i Vaare Hender indicates that Norway's $2.2 trillion sovereign wealth fund is failing to actively engage on climate change with its portfolio companies, despite its commitment to achieving net zero greenhouse gas emissions by 2050, as evidenced by its limited voting actions against major oil and gas firms. #ClimateChange #SustainableInvestment #NetZero #NO #BR #US #CA

www.reuters.com
Exclusive: Norway wealth fund comes up short on its climate ambitions, says NGO
OSLO, May 5 (Reuters) - Norway's $2. 2 trillion sovereign wealth fund, the world's largest, is pulling back from active engagement on climate change at the companies it is invested in despite its stated ambitions to address it, a report by an environmental NGO said on Tuesday.