ESG Newsletter

Folketrygdfondet is an investment manager whose task is to manage the Government Pension Fund Norway (GPFN) on behalf of the Ministry of Finance. Contrary to the Government Pension Fund Global, also known as the "oil fund", the GPFN's capital base originates from surpluses in the national insurance scheme and is invested in Norway and the other Nordic countries. As at June 30th 2019, Folketrygdfondet had US$ 28.6 billion of assets under management.

As an investor with a long-term perspective, the Manager recognizes the links between sustainable development and financial returns. As such, it considers ESG risks in both its Equities and Fixed Income portfolio. Additionally, as part of its Equity strategy, Folketrygdfondet exercises its ownership rights and engages regularly with companies to enhance their value, either individually or as part of collaborative initiatives like Climate Action 100+.

Ownership Report 2018