Norway wealth fund to squeeze boards over gender diversity
World’s biggest sovereign investor wants companies it deals with to be more socially responsible
15 February 2021 - 16:51
Norway’s sovereign wealth fund wants the companies in which it invests to start living up to explicit gender diversity goals.
The world’s biggest, which oversees about $1.3- trillion from its head office in Oslo, it says the idea is to end “persistent underrepresentation” of women on corporate boards. CEO Nicolai Tangen has made clear he intends to make companies more responsible in a number of areas, including the environment and their role in society...
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