Norway's $1.8 Trillion Wealth Fund Takes a Stand: Exits 49 Companies Over ESG Concerns

In a significant move reflecting its commitment to environmental, social, and governance (ESG) principles, Norway's towering $1.8 trillion sovereign wealth fund has decided to divest from 49 companies due to various ESG risks. This proactive step, destined to send ripples across global investment landscapes, underscores the growing trend among institutional investors to prioritize sustainability in their portfolios.

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