Norway’s Wealth Fund Pushes For More Women On Emerging Market Company Boards

Business & Finance

Reuters exclusively reported that Norway’s $1.6 trillion sovereign wealth fund, the world’s largest, will call on emerging market companies in which it invests to appoint more women to their boards, making the policy global for the first time.

Market Impact

One of the world’s largest investors, the fund holds stakes in around 8,800 companies globally, owning about 1.5% of all listed stocks. It has set the pace on a range of issues in the environmental, social and governance (ESG) field.