KLP increases climate-friendly investments in Q3 in otherwise negative quarter

Norway’s largest pension provider reports a negative return for the third quarter, highlighting rising interest rates and falling equity markets as the root cause.
KLP’s CEO, Sverre Thornes | Photo: KLP
KLP’s CEO, Sverre Thornes | Photo: KLP

During the third quarter, Norwegian pension company KLP saw its investment portfolio shrink by 2.6%.

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