Norwegian Oil Fund prepares for £13bn pivot from fossil fuels to renewables
Around $7.5bn set to be divested from 150 oil and gas firms, with a further $7.5bn drawn out of coal companies following crucial parliamentary vote
The Norwegian parliament yesterday voted to instruct the country's trillion-dollar sovereign wealth fund to ditch more than $13bn in fossil fuel stocks, in what experts estimate may be the world's biggest-ever...
More on Investment
More news
Labour calls on Government to mobilise a 'zero carbon army' of workers to drive green recovery
Party calls for green jobs blitz, as it launches month-long consultation that seeks views from businesses, industry groups, unions, workers, and campaigners on specific measures that can be taken to kick start a green recovery.
Global briefing: Hungary passes net zero law
Plus all the top green business news from around the world this week
Rolls Royce pledges to navigate path to net zero emissions by mid-century
Engine marker pledges to boost low-carbon technology R&D and reach net zero across its operations by the end of the decade, as it announces plans to cut 3,000 jobs across the UK amid coronavirus crisis.
Is sustainability undergoing a pandemic pause?
Joel Makower explores how the sustainability movement is maintaining momentum as the coronavirus crisis continues to unfold