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World’s biggest wealth fund tells firms to give it more ESG data

Norway’s EUR 1.0 trillion wealth fund wants the companies it invests in to step up their game on sustainability reporting.
Yngve Slyngstad, the chief executive of Norges Bank Investment Management | Photo: HEIKO JUNGE
Yngve Slyngstad, the chief executive of Norges Bank Investment Management | Photo: HEIKO JUNGE
By Mikael Holter/ BLOOMBERG

The world’s biggest sovereign wealth fund has made no secret of its expectation that companies improve their approach to disclosures on issues such as environmental and climate metrics, amid a lack of global standards. On Tuesday, the investor spelled out what it wants in in a new position paper.

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