Norwegian SWF gets active in activism The fund voted in 98% of shareholder meetings for portfolio companies Norges Bank Investment Management, responsible for portfolio allocation of the world’s largest sovereign wealth fund, met with nearly 3,000 companies last year as part of its active ownership strategy. According to a report on this initiative, it held […]
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Top asset owners favour engagement for net-zero carbon goals Some of the world’s biggest asset owners have rejected divestment to achieve climate goals and are instead favouring direct action and engagement. Members of the UN-backed Net-Zero Asset Owner Alliance, including Aviva, Allianz and AXA, have said they will cut carbon in portfolio companies by up […]
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Investors declare “a change is gonna come” Asset owners and fund management groups are pressuring their portfolio companies to look at the makeup of their leadership teams in the wake of the Black Lives Matter protests. The under-representation of non-white ethnicities in the boardroom has been a concern for investors for some time, but the […]
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