Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, has announced the exclusion of 11 companies from its NOK10.1trn (£818.5bn) portfolio on environmental grounds. Following advice from its ethics council, Norges Bank Investment Management (NBIM), which manages the investment portfolio, has sold stakes in Canadian Natural Resources, Cenovus Energy, Suncor Energy and […]

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