Norges Bank backs climate and water shareholder resolutions
The advisor to the world's largest sovereign wealth fund has thrown its weight behind climate-related shareholder resolutions with energy companies Imperial Oil and TransCanada.
NBIM says palm oil still too risky to invest in
Norges Bank Investment Management (NBIM), which manages Norway's $900 billion sovereign wealth fund, has said it considers the palm oil sector to be still "too risky for investment".
Norges Bank creates 'new benchmark' with climate change guidelines
A report by Norges Bank Investment Management (NBIM) urging companies to take steps to deal with climate change will serve as a new benchmark for responsible investment, according to an expert at Nasdaq.