Archive

  • Norway's largest pension fund to exclude oil sands companies

    07 October 2019

    Norwegian public sector pension fund KLP has pledged to exclude companies that make more than 5% of their revenue from oil sands.

  • Norwegian pension fund manager divests from coal companies

    08 May 2019

    Norwegian mutual insurance company KLP, which manages the pension funds of municipal employees, has sold NOK3.2 billion ($365 million) of exposure to 46 companies profiting from coal-based operations.

  • Pension firm divests NOK500m from coal but challenges 'stranded assets' theory

    25 November 2014

    Norwegian pension giant KLP has dismissed the "stranded assets" debate, but still plans to divest from coal companies in favour of renewable energy.