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World's Biggest Wealth Fund Dumps 15 Stocks on Ethical Grounds


Norway’s $1.3 Trillion Fund Blacklists 15 Companies on Ethical Grounds
Bloomberg
2/25/2021
Ott Ummelas and Lars Erik Taraldsen
© Photographer: Simon Dawson/Bloomberg
An employee stands by a logo for Glencore Agriculture in Glencore Plc s offices in Rotterdam, Netherlands
(Bloomberg) Norway’s $1.3 trillion wealth fund expects to keep its existing fossil-fuel holdings as the world’s biggest sovereign investor bets it can bring about change from within the industry to fight carbon emissions.
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“We have no further plans to exit fossil fuels,” Chief Governance and Compliance Officer Carine Smith Ihenacho said on Thursday, after the fund published details of 15 companies it blacklisted in 2020. “Part of the assessments that were made was precisely that we should be owners of larger, integrated energy companies, and contribute as owners in order for them to meet the transition to a low-carbon society in ....

United States , Nicolai Tangen , Simon Dawson Bloomberg , Glencore Agriculture In Plc , Rwe Ag , Anglo American Plc , Glencore Plc , Canadian Natural Resources , Glencore Agriculture , Canadian Natural Resources Limited , Ltdanglo American Plcglencore , Ltdelsewedy Electric Covale , Fibre Corpformosa Taffeta Co Ltdpage Industries , North Sea , ஒன்றுபட்டது மாநிலங்களில் , நிகோலாய் தான்கேன் , சிமோன் டாசன் ப்ளூம்பெர்க் , ஆங்கிலோ அமெரிக்கன் ப்ல் , குளெங்கோறே ப்ல் , கனடியன் இயற்கை வளங்கள் , கனடியன் இயற்கை வளங்கள் வரையறுக்கப்பட்டவை , வடக்கு கடல் ,

Glencore Among 15 Firms Blacklisted by $1.3 Trillion Norway Fund


Norway’s $1.3 Trillion Fund Blacklists 15 Companies on Ethical Grounds
Bloomberg
2/25/2021
Ott Ummelas and Lars Erik Taraldsen
© Photographer: Simon Dawson/Bloomberg
An employee stands by a logo for Glencore Agriculture in Glencore Plc s offices in Rotterdam, Netherlands
(Bloomberg) Norway’s $1.3 trillion wealth fund expects to keep its existing fossil-fuel holdings as the world’s biggest sovereign investor bets it can bring about change from within the industry to fight carbon emissions.
Popular Searches
“We have no further plans to exit fossil fuels,” Chief Governance and Compliance Officer Carine Smith Ihenacho said on Thursday, after the fund published details of 15 companies it blacklisted in 2020. “Part of the assessments that were made was precisely that we should be owners of larger, integrated energy companies, and contribute as owners in order for them to meet the transition to a low-carbon society in ....

United States , Nicolai Tangen , Simon Dawson Bloomberg , Bp Plc , Oil Divestment , Texwinca Holdings Ltd , Royal Dutch Shell Plc , Glencore Agriculture In Plc , Glencore Plc , Canadian Natural Resources , Drax Group Plc , Group Ltd , Rwe Ag , Anglo American Plc , Glencore Agriculture , Canadian Natural Resources Limited , Ltdanglo American Plcglencore , Ltdelsewedy Electric Covale , Fibre Corpformosa Taffeta Co Ltdpage Industries , North Sea , Dutch Shell Plc , ஒன்றுபட்டது மாநிலங்களில் , நிகோலாய் தான்கேன் , சிமோன் டாசன் ப்ளூம்பெர்க் , பிபி ப்ல் , அரச டச்சு ஷெல் ப்ல் ,