NBIM reports clarify demands for high ethical standards
Good ethics will deliver good growth in long run, fund believes
Norges Bank Investment Management (NBIM) clarified the ethical standards it expects companies to meet in two reports published today (February 4).
In recent years the Norwegian sovereign wealth fund has increasingly used its financial clout to push firms to meet higher standards of ethics in the areas of child labour, water use and climate change, all of which it views as threats to the long-term growth of the firms it invests in.
NBIM's latest Responsible Investment report sets out in greater
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