Archive

People Moves 10 December: NBIM, PRI and more

Slyngstad quits NBIM, joins Aker; Tangen takes over

Norwegian oil fund continues ESG engagement ahead of renewables push

The manager of the giant Norwegian sovereign wealth fund reported it was continuing to engage heavily with firms on environmental, social and governance (ESG) issues, but was yet to get off-the-mark in its renewable energy investments.

Norges Bank Investment Management appoints new CEO

Norges Bank has appointed Nicolai Tangen as the new CEO of Norges Bank Investment Management (NBIM).

People Moves: NBIM; BNP Paribas; Insurance Council of Australia; Solarcentury; Truvalue Labs; Triodos

Yngve Slyngstad, CEO of Norges Bank Investment Management (NBIM), has announced his resignation as leader, although he will continue to work for the sovereign wealth fund it manages.

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.

$3trn of investors launch pilot group on TCFD

Nine investors representing around $3 trillion of assets have joined forces to promote climate transparency.

Leading the charge

The historic Paris climate change agreement has underlined what is arguably the biggest challenge faced by financial markets in a generation, says Peter Cripps

World's biggest sovereign wealth fund discloses divestments

The world's largest sovereign wealth fund, Norway's Government Pension Fund Global, has revealed more details about its divestments as part of a move to "think long-term and protect value for future generations".

Norway's $800bn 'oil fund' halves coal production holdings

Norway's $800 billion sovereign wealth fund has divested half of its holdings in coal miners over the past two years, its manager has said.