Norway’s $1.7 Trillion Wealth Fund Asks Shell for Climate Strategy Disclosure
Mark Segal • May 21, 2024
"Norges Bank Investment Management (NBIM), the investment manager for Norway’s $1.7 trillion oil fund revealed that it has asked Shell to provide more detail into its mid-term climate strategy."
"The statement, released by NBIM with its voting plans disclosure for the upcoming Shell AGM this week, follows a series of changes announced by Shell earlier this year to its energy transition strategy under new CEO Wael Sawan."