EMEA > Norway wealth fund releases stricter climate action, voluntary carbon guidelines for companies

Norway wealth fund releases stricter climate action, voluntary carbon guidelines for companies

Published 06:34 on September 16, 2023  /  Last updated at 12:04 on October 5, 2023  /  EMEA, International, Nature-based, Voluntary

Norges Bank Investment Management (NBIM), which oversees Norway’s NOK15.3 trillion ($1.4 trillion) sovereign wealth fund, on Friday published stricter climate action guidelines for companies in which it invests, highlighting that climate risk equates to financial risk but also offers opportunities.
Norges Bank Investment Management (NBIM), which oversees Norway’s NOK15.3 trillion ($1.4 trillion) sovereign wealth fund, on Friday published stricter climate action guidelines for companies in which it invests, highlighting that climate risk equates to financial risk but also offers opportunities.


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