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Norways oil fund backs Shell climate resolution
2015-04-15 15:41:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The Government Pension Fund of Norway has begun revealing voting intentions in a bid to drive transparency. The fund has announced it will support a shareholder resolution asking Shell to report on climate change risks. The fund, commonly known as Norways oil fund, has been criticised in the past for its investment in fossil fuels but it has been taking steps to increase its focus on sustainability. Recently the pension fund called for the companies it invests in to test their business strategies...
Tags: resolution
oil
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shell
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