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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Strategy Council recommends more focus on responsible investments for Norway SWF

Posted on 12 November 2013

The Strategy Council for the Government Pension Fund Global, Norway’s sovereign wealth fund, has recommended changes to ensure greater focus on responsible investing by the fund’s manager Norges Bank, as well as greater transparency in its decision making.
The recommendation is contained in the latest report of the Strategy Council, which has reported on 11 November. The Council notes the difficulty of managing some 7,000 holdings in equity and debt of companies, but that it is important to ensure any investment decisions are in line with the consensus of the Norwegian people - who ultimately will judge whether the fund carries legitimacy………………………………………..Full Article: Source


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