Norway’s wealth fund to issue policy on ocean environment
OSLO (Reuters) – Norway’s $1 trillion sovereign wealth fund could soon set out expectations for how companies it invests in should manage saltwater resources, it said on Tuesday.
The fund already has a policy on how companies should handle freshwater resources.
“We want to have an expectation document on water management that includes salt water … It affects us as a country and as a fund,” Chief Executive Yngve Slyngstad told reporters, adding that he was hoping the document would be developed this year.
Reporting by Gwladys Fouche, editing by Terje Solsvik