AMWatch

Oil fund to file shareholder proposals on ESG

Filing a shareholder motion is particularly suited to companies in the US, partly because US companies lag behind their European counterparts in ESG matters, says NBIM’s head of corporate governance.
Carine Smith Ihenacho, head of corporate governance at Norges Bank Investment Management (NBIM). | Photo: Nbim
Carine Smith Ihenacho, head of corporate governance at Norges Bank Investment Management (NBIM). | Photo: Nbim
by REETA ILONA PAAKKINEN

Norway’s Government Pension Fund Global will step up its use of shareholder proposals to send messages on ESG topics to US companies after testing them out at a small number of annual meetings, reports the Financial Times.

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