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NBIM to demand net zero targets of all portfolio companies

Norges Bank Investment Management (NBIM) has warned the biggest polluters in its vast investment portfolio that it expects them to set targets to hit net zero by 2050 "as a matter of urgency", ahead of potential divestment from companies with "high and unmitigated climate risks".

NBIM urges Japan to adopt global human rights disclosure standards

The manager of the NOK11.9 trillion ($1.2 trillion) Norwegian sovereign wealth fund has urged Japanese policymakers to encourage companies to provide human rights disclosures...

NBIM outlines 'human capital' expectations for firms

Norges Bank Investment Management (NBIM) has published expectations for the "human capital management policies" of firms it invests in amid concern that investors do not currently get a "clear picture" of their investment in people.

Focus on banking transition plans as priority, IIGCC recommends

A proposed 'gold standard' for company and investor net-zero transition planning should prioritise the banking sector, according to a €51 trillion ($52 trillion) group of institutional investors.

NBIM: 'Unacceptable' risk of Supermax human rights violations

Amazon vote a 'seismic shift' on tax transparency

A fifth of independent Amazon shareholders backed a "historic first" shareholder resolution requiring the online retailer to publish a tax transparency report...

NBIM backs ISSB enterprise value approach

Norges Bank Investment Management (NBIM) has said it supports the IFRS Foundation's focus on sustainability factors that affect a company's 'enterprise value' as the standard setter develops 'baseline' global sustainability standards.

NBIM divests from 29 companies over labour conditions

The manager of the giant Norwegian sovereign wealth fund touted the positive return it has gained from 'risk-based' divestments, as it detailed a raft of company exclusions on human rights, biodiversity and coal in 2021.

NBIM: CDSB reporting 'unlikely to be comparable'

Real estate decarbonisation standard under construction

A global standard for the real estate sector to set 'science-based' targets that help restrict global temperature rise to 1.5°C is set for release in April, it has been revealed.