Responsible Investing

Oil fund's ethics adviser raises concern over investment in mining giant

NBIM had excluded one of the world’s largest mining companies for more than a decade and only resumed investing in the company in 2019. Now, the company raises concerns once more.
Rio Tinto Group is the world's second largest mining company. | Photo: Rick Bowmer/AP/Ritzau Scanpix
Rio Tinto Group is the world's second largest mining company. | Photo: Rick Bowmer/AP/Ritzau Scanpix
By Thomas Biesheuvel / Bloomberg

The ethics adviser to Norway’s USD 1.5 trn sovereign wealth fund has raised concerns with mining giant Rio Tinto Group about the environmental impact of a mine in Brazil, reviving questions about the fund’s future role as an investor in the company.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading