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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Just two SWFs looking to renewables despite fossil fuel revenues: report

Posted on 20 October 2009

From Responsible-investor.com: Just two of the world’s huge sovereign wealth funds (SWFs) – many of which derive their assets from oil and fossil fuel revenues – have taken steps to diversify into renewable energy, according to a report by RiskMetrics Group.
It found that with the exception of the Norwegian Government Pension fund [GPFG ] “none of the SWFs so far has committed to a strategic set of social and environmental investments, though there are a few isolated ‘green shoots’…………………..Full Article: Source


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