AMWatch

Oil fund joins nature-related disclosure taskforce

A representative from Norges Bank Investment Management is joining 33 other executives and senior specialists to help protect diversity through the creation of an investor framework.

Photo: Ole Lind

Norway's EUR 1.3trn sovereign wealth fund, commonly known as the oil fund and officially managed by Norges Bank Investment Management (NBIM), is joining the Taskforce on Nature-related Financial Disclosures (TNFD).

This comes after the fund released new company expectations detailing how they should take biodiversity and sustainable ecosystems into account in their activities.

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