Responsible investment supports long-term value creation

The aim of our 2025 Climate action plan is for our portfolio companies to achieve net zero emissions by 2050. By end of year, 74 percent of emissions were covered by net zero targets, which is an increase of 6 percentage points since 2023. In 2024, we engaged with 480 companies on climate-related topics, representing 54 percent of our emissions.  

“Climate action is crucial for safeguarding financial returns. Studies indicate that climate change poses a material risk to long-term value creation,” says Carine Smith Ihenacho, Chief Governance and Compliance Officer at Norges Bank Investment Management.

Today, the fund published its 11th responsible investment report.

In 2024, we enhanced our voting transparency by publishing our voting intentions through the Bloomberg voting platform and provided more detailed rationales for selected votes. We also disclosed increased information on our ownership dialogues and their progress on our website. 

"Transparency builds trust and knowledge about the fund. Being open about how we work helps companies, investors and other stakeholders understand our priorities, and supports our goal of promoting long-term value creation in the companies we invest in," says Smith Ihenacho.