| Norway’s sovereign wealth fund is to introduce a criteria-based exclusion policy to divest from companies that make an “unacceptable” contribution to greenhouse gas emissions, the government has announced. Adopting the recommendations of a report and consultation, the Norwegian Finance Ministry said the exclusion policy would work alongside a strengthening of its engagement.
The NOK6.4trn (€706bn) Government Pension Fund Global (GPFG) will introduce a “conduct-based exclusion criterion” that looks at the acts and emissions of a company that consist of greenhouse gases, divesting when it becomes unacceptable...............................................Full Article: Source
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