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CDP report says Vedanta "markedly out of line" on climate risk
25 July 2017A CDP report says as much as $16 billion in emissions costs is being generated in the value chains of mining giants, including Vedanta Resources and Freeport McMoRan, as they fail to manage their own climate risk.
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Norway's oil fund divests from Korea's Posco and Daewoo
18 August 2015Norway's sovereign wealth fund – the largest in the world – is to exclude leading Korean companies Posco and Daewoo International from its investment portfolio because of their involvement in palm oil plantations in Indonesia.
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World's biggest sovereign wealth fund discloses divestments
12 February 2015The world's largest sovereign wealth fund, Norway's Government Pension Fund Global, has revealed more details about its divestments as part of a move to "think long-term and protect value for future generations".