TheVoiceOfJoyce Norway’s sovereign fund, empowered by the Norwegian government and people, are cracking down on Corporations in their $13 Trillion ( approximately) portfolio. They will force the re election of 80 Boards for non compliance with environmental goals. Additionally, the Sovereign Fund will request a written plan for every corporation, showing their path to Zero carbon emissions. The Norwegian Sovereign Wealth Fund got its money by taxing oil and gas producers, licensing fees for extraction and by Nationalizing Equinor, enabling the Fund to collect its dividends and interests. With so much cash at their disposal, Norway is stepping up help to the Ukrainian people, too!
http://www.theguardian.com/business/2023/feb/03/worlds-biggest-investment-fund-warns-directors-to-tackle-climate-crisis-or-face-sack Carine Smith Ihenacho, the chief governance and compliance officer of Norges Bank Investment Management, which manages more than 13tn Norwegian kroner (£1tn) on behalf of the Norwegian people, said the fund was preparing to vote against the re-election of at least 80 company boards for failing to set or hit environmental or social targets. … More TheVoiceOfJoyce Norway’s sovereign fund, empowered by the Norwegian government and people, are cracking down on Corporations in their $13 Trillion ( approximately) portfolio. They will force the re election of 80 Boards for non compliance with environmental goals. Additionally, the Sovereign Fund will request a written plan for every corporation, showing their path to Zero carbon emissions. The Norwegian Sovereign Wealth Fund got its money by taxing oil and gas producers, licensing fees for extraction and by Nationalizing Equinor, enabling the Fund to collect its dividends and interests. With so much cash at their disposal, Norway is stepping up help to the Ukrainian people, too!