| Norway’s $808 billion sovereign wealth fund, the world’s largest, said today that long-term returns may be impacted should the companies it invests in fail to adequately manage and mitigate water-related risks.
Norges Bank Investment Management is exposed to water-related risks through investments in about 7,500 companies, it said today. It has investments in water-intensive industries including food and beverages as well as oil, gas and chemicals, NBIM said in a statement. These all rely on water in their operations and supply chain..................................Full Article: Source
|