A Key Message From Practice

Norges Bank Investment Management (NBIM) manages Norway's sovereign wealth fund, aiming to safeguard financial wealth for future generations. The fund, worth over $1.2 trillion, invests globally with a focus on sustainable development. NBIM advocates for standardized sustainability reporting, engaging with companies and regulators to improve disclosures on climate change and ESG issues. Through direct company dialogues and voting, NBIM holds companies accountable for sustainability practices, particularly in managing climate risks and setting net-zero targets.