Norway’s Oil Fund Could Exclude More Companies Exposed to Coal
Norway’s Government Pension Fund Global (GPFG) has been informed by the country’s Finance Committee that legislation is moving forward with regard on mandating the fund sell positions in companies that have a specified exposure to coal-related activities. Essentially, the proposed legislation on company exclusions will apply to listed companies that generate more than one-third of their output or revenues from coal-related activities. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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