Archive

  • Norway's sovereign wealth fund to sue Volkswagen

    16 May 2016

    Norway's $850 billion oil fund has told the media it will sue Volkswagen (VW) over last year's emissions test scandal.

  • Norway's sovereign wealth fund divests 58 companies on environmental grounds

    11 March 2016

    Norway's giant sovereign wealth fund divested from 58 companies last year because they were deemed to pose environmental risks.

  • Norway's oil fund divests from Korea's Posco and Daewoo

    18 August 2015

    Norway's sovereign wealth fund – the largest in the world – is to exclude leading Korean companies Posco and Daewoo International from its investment portfolio because of their involvement in palm oil plantations in Indonesia.

  • World's biggest sovereign wealth fund discloses divestments

    12 February 2015

    The world's largest sovereign wealth fund, Norway's Government Pension Fund Global, has revealed more details about its divestments as part of a move to "think long-term and protect value for future generations".

  • Norwegian wealth fund ponders fossil-fuel divestment, following report

    04 December 2014

    Norway's sovereign wealth fund is considering divesting from the most carbon-intensive petrol and coal firms.

  • Norway's $800bn 'oil fund' halves coal production holdings

    29 January 2014

    Norway's $800 billion sovereign wealth fund has divested half of its holdings in coal miners over the past two years, its manager has said.

  • $800bn 'oil fund' manager sets up climate change and water reporting framework

    03 January 2014

    The manager of Norway's NOK5 trillion ($800 billion) 'oil fund' has created frameworks to analyse and compare the quality of corporate reporting on climate change and water risks.

  • Norway's $800bn 'oil fund' faces calls to change structure and divest from coal

    12 November 2013

    Norway's $800 billion 'oil fund' could face a major shake-up of the way it implements its responsible investment strategy after a report recommended that politicians leave decisions on divestments to the country's central bank.

  • Norway's 'oil fund' to exclude companies over environmental concerns

    14 October 2013

    Norway's government pension fund will exclude four companies that pose a risk to the environment from its investment universe, the government announced today, just one week after revealing it is considering establishing a renewables mandate for the $790 billion fund.