Norges Bank Investment Management 2024 Stewardship Report
Company: Norges Bank Investment Management
Sector: Finance & insurance
Country: Norway
Year: 2024
Type: Stewardship Report
Pages: 86
The report describes the fund's progress under its 2025 Climate Action Plan, including engagement with 141 companies in net zero dialogues and further renewable energy investments. It reports 1,891MV of renewable electricity generation capacity added to the portfolio. Active ownership remained substantial, with 3,313 meetings held with portfolio companies and 11,154 shareholder meetings voted at. The fund also made 49 risk-based divestments to mitigate financial risks linked to social and environmental mismanagement.
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