Norway’s $1 trillion wealth fund will exclude four companies for their vast emissions of greenhouse gases, or at least put them on probation to force them to change, the chairman of its ethics watchdog told Reuters. The fund’s ethics body is, separately, opening a new front, said Johan H. Andresen: investigating whether technology companies’ tools are being used for “improper surveillance,” with their makers held to account regardless of their intent.
Reuters reports Norway wealth fund could blacklist four major climate culprits
01 March 2020, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa
Win Types: Exclusivity
Story Types: Exclusive / Scoop