Norway's sovereign wealth fund to demand stricter guidelines for investors

  • Country:
  • Norway

Norway's $1 trillion sovereign wealth fund will demand that companies in which it invests follow stricter guidelines on global sustainability, including efforts to combat plastic pollution of the oceans, the fund's manager said on Wednesday.

Norges Bank Asset Management, a unit of the Norwegian central bank, also appointed three outside advisors in a bid to strengthen its work on corporate governance issues. (Reporting by Oslo newsroom Editing by Darren Schuettler)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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