Norwegian wealth fund blacklists global resources, energy giants

Energy Daily

Published

Oslo (AFP) May 13, 2020

Norway's sovereign wealth fund, the world's largest, blacklisted 12 new companies Wednesday, including global mining giants such as Glencore and Anglo American, for ethical and climate reasons. The Bank of Norway said the fund, worth about one trillion dollars, has divested from several major power companies, including Germany's RWE, Australia's AGL Energy and South Africa's Sasol, citing th

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