13.11.2012 - Norway's $650bln pension fund to require deforestation disclosure among portfolio companies
Norway's $650 billion sovereign wealth fund will ask companies in which it invests to disclose their impacts on tropical forests, as part of its effort to reduce deforestation, reports Reuters. The move could usher in broader reporting on the forest footprint of operations and boost eco-certification initiatives. In a policy posted on its web site in September, Norway’s Pension Fund said it now expects portfolio "to manage risk associated with the causes and impacts of climate change resulting from greenhouse gas emissions and tropical deforestation."..............................................Full Article: Source
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