Norway links investment fund decisions to sustainability

By | 06/09/2018

The world’s largest investment fund, Norway’s $1 trillion sovereign wealth fund, just announced plans to push companies towards more sustainable business models. The fund, which holds stakes in some 9,000 companies across 72 countries, is shifting its investment policies to align them better with the United Nations’ Sustainable Development Goals (SDGs). It will, therefore, scrutinize all future investments for environmental and social impacts, and it will lobby firms in its current portfolio to adapt business models and activities accordingly. This will further boost the necessity for good Environmental, Social and Corporate Governance Reporting which I summarized in a previous blog post.

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