Victoria Klesty
Stories by Victoria Klesty
Won’t back boards that fail on climate change management: Norway wealth fund
Last year, it voted against the re-election of 61 directors at 18 companies.
Norway wealth fund posts record loss of $164b in 2022
Annual returns had exceeded one trillion crowns in each of 2019 -21.
Norway’s wealth fund posts $174b record net loss in first half of 2022
The $1.3 trillion fund's return on investment was -14.4% in the six months.
Norway wealth fund puts Malaysia’s Supermax Corp under the scanner
Fund cites serious violations of human rights
Norway’s Telenor sells Myanmar operations to M1 Group for $105m
Telenor wrote off the value of its Myanmar unit in May, booking a loss of $752 million Norwegian crowns.
Norwegian state telco Telenor faces an ethical conundrum in coup-hit Myanmar
Myanmar contributed to 7% of the firm's earnings last year.