Folketrygdfondet commissioned Trucost to carry out the first CO2 analysis of their Norwegian equity portfolio.
The CO2 intensity of the portfolio was calculated at 66 tonnes of CO2e per million NOK of company sales. The analysis also showed that several companies in our portfolio are engaged in activities with high CO2 intensity but do not report on their greenhouse gas emissions. Folketrygdfondet will use dialogue with the portfolio companies as a means to ensure that the companies are aware of their climate risk and have a strategy in place to measure and manage said risk.
Folketrygdfondet Ownership Report (publication)