#nbim’s
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accr.bsky.social
ACCR sees ‘critical gaps’ in NBIM’s commitments, including “the need for stronger and more transparent company stewardship, clearer thresholds for escalation where engagement fails, and a commitment to not finance new fossil fuel infrastructure.” sustainabilityonline.net/news/norges-...
Norges Bank Investment Management to ‘strengthen’ climate commitments - Sustainability Online
Norges Bank Investment Management (NBIM), Norway's sovereign wealth fund, has published its 2030 climate action plan.
sustainabilityonline.net
October 24, 2025 at 12:24 AM
prospect.org
She was once an Obama official. Now she’s a shill for Big Oil. @hannahstoryb.bsky.social‬ on the woman behind NBIM’s greenwashing campaign.
June 22, 2025 at 6:00 PM
revolvingdoordc.bsky.social
Even a cursory examination of the votes that Norway's Oil Fund took at shareholder meetings during Freeman's tenure as climate advisor indicates a lot of missed opportunities to push the oil and gas companies—in which they own substantial shares—to meet a higher standard.
During Freeman’s tenure on NBIM’s climate advisory board, NBIM used that justification to vote against: A resolution calling for Southern Company to adopt greenhouse gas emissions targets aligned with the Paris Agreement; A resolution calling for Shell to disclose its demand forecast for liquefied natural gas and how its new capital expenditure on gas infrastructure is consistent with its climate commitments; Two resolutions calling for Phillips 66 to publish a report on the impacts of reduced virgin plastic demand; A resolution calling for NextEra to report on its climate lobbying; and A resolution calling for Chevron to commission a third-party assessment of implementation of its human rights policy, among many others. None of this resembles pushing fossil fuel companies to take action to decarbonize their operations at the speed and scale consistent with global need. In 2023, NBIM voted against 17 of 21 resolutions at 16 different companies that would have supported better climate management or disclosure, according to a report by Norwegian organization Framtiden i våre hender (The future in our hands). The 21 resolutions examined in the report were a small sample flagged as critical resolutions by advocacy organizations, but the extent of this pattern is likely far greater. NBIM votes on 110,000 resolutions a year, at over 11,000 annual shareholder meetings.
June 20, 2025 at 1:43 PM
richard.wickedproblems.earth
Norway's sovereign wealth fund says climate risk is systemically underpriced and (almost certainly conservatively) that 19% of the value of its US equities could be wiped out by climate impacts.

on.ft.com/3Z4xMIU
Norges Bank Investment Management — which manages a $1.8tn pot of cash from the country’s oil revenues — said it believed that the financial sector’s conventional approaches to estimating physical climate risk may be hugely understating the scale of the threat. NBIM’s own modelling, it said, suggested that the long-term impacts of climate change could wipe out 19 per cent of the value of its US equity holdings.
May 30, 2025 at 9:14 AM
hpsc24.bsky.social
4/8/25👺krasnov/putin robbing globe “NBIM's custodian bank is an American bank that has everything. It is conceivable that it could be ordered to say that now you are freezing all of Norway's assets” e24.no/boers-og-fin...
Frykter Trump beslaglegger norske oljefondmilliarder
Tidligere sjeføkonom advarer om at deler av Oljefondets enorme formue kan bli fryst i USA.
e24.no
April 9, 2025 at 11:42 PM
politicalbreakdown.bsky.social
In June 2024, NBIM voted against ratifying Elon Musk's $56 billion pay package, expressing concerns about its size and structure. This decision led to a dispute between Musk and NBIM's CEO, Nicolai Tangen, with Musk declining a subsequent dinner invitation from Tangen. ​
March 12, 2025 at 4:47 AM
a-reader-ft.bsky.social
Norway’s oil fund to allocate billions to long-short equity hedge funds-NBIM’s move comes as some investors grow increasingly concerned that equity market valuations look stretched… www.ft.com/content/b420... @marymcd.bsky.social @financial-times.bsky.social
Norway’s oil fund to allocate billions to long-short equity hedge funds
Norges Bank Investment Management to give $250mn mandates to external managers
www.ft.com
March 7, 2025 at 4:17 AM
ole-erik.bsky.social
Its time to reduce the #nbim’s exposure in the US market, to let #ElonMusk and #realDonaldTrump know that their behavior are unacceptable. Let our money talk #nicolaitang1 . Seems to be the only thing they care about. Put the money into Europe instead, and let the American boble burst!
February 20, 2025 at 6:09 PM
hakonnordhagen.bsky.social
Norway wealth fund falls short on its climate ambitions, NGO says.

"NBIM's failure to endorse climate resolutions in line with internationally agreed goals undermines its role as a steward of sustainable finance,"

Glad to finally see focus put on this!
www.reuters.com/sustainabili...
Norway's wealth fund falls short on climate ambitions, NGO says
Norway's $1.6 trillion sovereign wealth fund, the world's largest, is falling short on its climate ambitions by failing to back multiple shareholder proposals pushing oil companies to cut their greenhouse gas emissions, a non-governmental organization said in a report said on Monday.
www.reuters.com
May 1, 2024 at 8:57 AM
mliebreich.bsky.social
This week's guest on @MLCleaningUp is Carine Smith Ihenacho, Chief Governance and Compliance Officer at Norges Bank Investment Management, manager of Norway's $1.4tr sovereign fund. We unpick NBIM's investment mandate and its implications for the...
November 12, 2024 at 11:00 PM