One of the central objectives of Norges Bank’s climate action plan is to work with portfolio companies towards achieving net zero by 2050.

As a long-term and globally diversified financial investor, NBIM’s return depends on sustainable development in economic, environmental and social terms. NBIM will be a global leader in managing the financial risks and opportunities arising from climate change.

It is the goal of NBIM’s to have portfolio companies align their activities with global net zero emissions that are in line with the Paris Agreement. On that basis, NBIM’s ambition is for their portfolio companies to achieve net zero emissions by 2050.