08.02.2016 - Norway's sovereign wealth fund asked miners to consider coal demergers
Norway's influential sovereign wealth fund asked mining companies in its investment sphere to consider spinning out their coal assets in 2015.The fund, which is a top five shareholder in BHP Billiton, made the request just months before BHP spun out South32. The coal push was revealed in the fund's 2015 annual report. It also shows the fund divested from 73 companies in 2015 for ethical and governance reasons. The fund has made headlines in recent years for its increasingly strict stance against investing in fossil fuels...............................................Full Article: Source
Print