New head of Norwegian oil fund wants more ESG-focused divestments – Financial Times

New head of Norwegian oil fund wants more ESG-focused divestments – Financial Times

Norway’s $ 1 billion oil fund is expected to sell more companies that perform poorly on environmental, social and governance issues to try to increase returns, according to its new chief executive. Nicolai Tangen told the Financial Times that the world’s largest sovereign wealth fund should “use risk smarter”, including increasing the number of divestments […]

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