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.
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.
GPFG will not set a net-zero goal
Norway's sovereign wealth fund will not commit to a specific net-zero emissions target for its whole portfolio, only aiming to decarbonise in the "long-term", as its manager prioritises achieving returns.
NBIM refuses to name companies screened for sustainability risks
The manager of the giant Norwegian sovereign wealth fund has refused to name the nine companies it has refrained from investing in based on their "sustainability risk"...