Sovereign wealth funds get advice on climate risks
Advice on how sovereign wealth funds (SWFs) can integrate climate change into their investment processes and governance has been produced by the Sustainable Finance Programme, a research group at the University of Oxford.
UNEP FI and investors release study on climate risk reporting
A major study has been issued looking at the different ways that investors can measure and report climate risks.
Norway’s oil fund opens door to investments in unlisted renewables
Norway’s $1 trillion sovereign wealth fund is to be allowed to invest in unlisted renewables assets, following a decision by the country’s finance ministry.
Rise in withdrawn sustainability resolutions shows their success, says NBIM
A rise in the number of sustainability-related shareholder resolutions that have been withdrawn before a vote demonstrates the success of shareholder action, the asset manager of the world’s largest sovereign wealth fund has claimed.
Storebrand makes 2026 pledge to ‘exit death spiral of coal’
Storebrand Asset Management has revealed a path to full divestment from coal in eight years’ time, in a strategy it says is in line with the goal to restrict climate change to a maximum of 1.5°C above pre-industrial levels.
IIGCC urges pension funds to improve climate risk management
Pension funds have been urged to improve their management of climate-related risks and opportunities by a group of investors with more than €21 trillion ($24.3 trillion) in combined assets.
NBIM urges better ocean sustainability management
Companies have been urged to take into account the challenges and opportunities related to sustainable use of the world’s oceans by the asset manager of the world’s largest sovereign wealth fund.
World’s largest sovereign wealth fund urged not to pursue divestment
Divestment of the oil and gas stocks in the Government Pension Fund Global (GPFG) “is not an effective insurance against a permanent decline in oil prices” and the stocks only contribute marginally to Norway’s oil price risk, according to a committee set up to explore the issue.
Norges Bank endorses EU public reporting reforms
The investment manager of the world’s largest sovereign wealth fund has welcomed proposals to increasingly consider environmental, social and governance (ESG) factors in the European public reporting framework.