Archive

  • NBIM's environmental mandates impress in 2020

    28 January 2021

    The 'environmental-related mandates' of the $1.3 trillion Norwegian sovereign wealth fund helped drive outperformance last year, contributing 20 basis points to the fund's relative return.

  • NBIM recommends incorporating impact into GRI standards

    14 September 2020

    Companies reporting in line with the Global Reporting Initiative (GRI) should be asked to disclose their net impact on society and the environment, according to one of the world's largest asset managers.

  • PRI issues guidance ahead of mandatory SDG reporting

    16 June 2020

    The Principles for Responsible Investment (PRI) has published guidance on how investors can "shape the real-world outcomes" of their investments by using the Sustainable Development Goals (SDGs), as it prepares to introduce mandatory outcomes-based reporting from next year.

  • NBIM criticises PRI over its focus on impact reporting

    21 October 2019

    Norges Bank Investment Management (NBIM) has criticised the Principles for Responsible Investment (PRI) for making impact reporting "a de facto seventh principle".

  • Norges Bank warns PRI of mission drift

    03 May 2019

    Norges Bank Investment Management (NBIM) has warned the Principles for Responsible Investment (PRI) that it is in danger of ‘drifting away from its founding principles’ if it mandates signatories to complete reporting based on the UN Sustainable Development Goals (SDGs).

  • Norway's Government Pension Fund divests from agricultural companies to combat deforestation

    28 February 2019

    Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund with $1 trillion of assets, has divested from four major agricultural companies to combat deforestation.

  • Setting a European benchmark

    10 September 2018

    The European Commission's bold proposals to reform benchmark regulation are designed to increase the flow of green finance and reduce the risk of 'greenwashing'. Michael Hurley asks why change is required