The world’s largest sovereign wealth fund, Norway’s $1.4 trillion Government Pension Fund Global (GPFG), should ask from the companies it is invested in when it comes to reaching their 2050 net-zero emissions goals, a government panel said this week. The fund said that oil firms in its portfolio need to cut their emissions more drastically. Norway is one of Europe’s richest countries thanks to the decades of oil revenues amassed in the world’s largest sovereign wealth fund with US$1.4 trillion in assets and holdings…
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