04.05.2016 - Norway's sovereign wealth fund joins pension funds on climate-risk reporting at Exxon Mobil
Norway's Government Pension Fund Global, Oslo, plans to vote in favor of shareholder proposals at Exxon Mobil Corp. sponsored by major pension funds calling for climate-change reporting and proxy access, said a statement posted on the website of Norges Bank Investment Management, which oversees the assets and proxy voting of the 7.08 trillion Norwegian kroner ($877 billion) fund. The sovereign wealth fund held 35.3 million Exxon Mobil shares, as of Dec. 31, according to NBIM's 13F filing with the Securities and Exchange Commission. The shares were valued at $3.1 billion in Tuesday's midday trading of Exxon Mobil at $87.93 a share...............................................Full Article: Source
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