24 AUGUST 2011
Limited access to clean water is a growing risk for an increasing number of the companies the Government Pension Fund Global invests in. The United Nations forecasts that almost half the world’s population will live in areas facing water stress or water scarcity by 2030. Global demand for water is expected to outstrip supply by 40 percent within the same time, according to McKinsey.
12 AUGUST 2011
The Government Pension Fund Global returned 0.3 percent, or 4 billion kroner, in the second quarter of 2011 after rising bond prices outweighed a slump in large parts of the stock markets.
05 JULY 2011
The Norwegian Government Pension Fund Global agreed today to buy 50 percent of seven properties in and around Paris from AXA Group, the fund’s first real estate investment in France.
10 JUNE 2011
Walt Disney, Ericsson and Hennes & Mauritz were among 9 out of 527 companies to get top marks for managing and reporting on the risks of child labour use and children’s rights violations in their operations and supply chains. Nearly half of the companies in the annual evaluation by NBIM, manager of the Norwegian Government Pension Fund Global, scored zero.
23 MAY 2011
Norway’s Crown Prince Haakon Magnus visited NBIM’s Oslo office Monday. He was given an introduction to the investment activities and ownership work of the Government Pension Fund Global. The visit was the first to NBIM by a member of the Norwegian royal family.