This link was published on 12 November 2012

Norway's $650B pension fund to require deforestation disclosure among portfolio companies

Norway’s sovereign wealth fund will require companies in its portfolio to ‘to manage risk associated with the causes and impacts of climate change resulting from greenhouse gas emissions and tropical deforestation.’ The move comes after campaigners had targeted the fund for continuing to invest in companies associated with deforestation while the Norwegian government had committed $522 million to protecting the world’s forests. Questions considered in assessing company risk will include: disclosure on tropical forest footprint; commitment to international standards for sustainable production of agricultural commodities; and reporting on the implementation of its commitments.

  • Mongabay
  • Deforestation
  • Carbon