Responsible Investing

Oil fund “naïve” in engagement with Shell on Nigerian pollution, campaigners say

Norway’s oil fund is too reliant on information from Shell on oil spills in the Niger Delta, and engagement efforts over the past ten years have been fruitless, a campaign group claims.
Oil pollution in the Niger delta – campaigners claim that the Norwegian oil fund's engagement efforts with Shell have been fruitless. | Photo: Sunday Alamba/AP/Ritzau Scanpix
Oil pollution in the Niger delta – campaigners claim that the Norwegian oil fund's engagement efforts with Shell have been fruitless. | Photo: Sunday Alamba/AP/Ritzau Scanpix
by KIM WIESENER

After a decade of engagement with fossil fuel giant Shell over severe environmental damage in the Niger delta, Norway’s wealthy oil fund has way too little to show for its efforts, Nigerian and international campaigners say.

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