NEWS

(Bloomberg) — The sovereign wealth fund of Norway says it’s working on a strategy update to ensure its $30 billion property portfolio lives up to the carbon neutrality goals mapped out in the Paris Agreement. “It’s time to walk the talk more,” said Mie Holstad, who oversees real assets at Norges Bank Investment Management. “What we’re working on now is a separate, improved sustainability strategy, which prepares us for net-zero” as well as new laws and regulations surrounding carbon emissions, she said.

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