Working towards a net zero carbon portfolio – Storebrand wants to see companies change on their own initiative

Instead of ditching oil and gas companies, Storebrand prefers to encourage companies to make a change independently, its asset management CEO says to AMWatch.

Jan Erik Saugestad, Storebrand Asset Management CEO | Photo: PR / Storebrand Asset Management

Norway’s largest private asset manager, Storebrand, hopes that this year’s UN Climate Change Conference will give more results than last year's summit in Madrid.

“There is a rising global need for action when it comes to more sustainable growth and to fighting climate change. The finance industry plays a key role in this and we hope further pressure will lead to better results from politicians at the Glasgow summit,” says Jan Erik Saugestad, chief executive officer at Storebrand Asset Management to AMWatch.

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