Oil fund's tie to Amnesty offers clarity on 'S' in ESG

As fund managers everywhere adapt to environmental, social and governance investing principles, there’s a growing consensus that the "S" in the acronym ESG leaves the most room for misinterpretation.
Carine Smith Ihenacho, chief corporate governance officer at the wealth fund, says it's "quite clear that the S" in ESG "is in many ways harder to quantify" than the E. | Photo: PR / NBIM
Carine Smith Ihenacho, chief corporate governance officer at the wealth fund, says it's "quite clear that the S" in ESG "is in many ways harder to quantify" than the E. | Photo: PR / NBIM
By Lars Erik Taraldsen / Bloomberg

But a unique setup in Norway may help provide clarity.

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