-
Norges Bank warns PRI of mission drift
03 May 2019Norges 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 2019Norway’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.
-
People Moves: Columbia Threadneedle, Natixis, NBIM, BMO Capital Markets, Hong Kong Green Finance Association, FRC, Pattern Energy and NextEra Energy Partners
04 January 2019Columbia Threadneedle boosts responsible investment team
-
Setting a European benchmark
10 September 2018The 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
-
Norges Bank backs climate and water shareholder resolutions
20 April 2018The 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
10 March 2017Norges 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
27 March 2015A 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.