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Norway s Conflict: The World s Electric-Car Capital Is Having Nasty Fights Over Oil - Energy News for the Canadian Oil & Gas Industry

Norway s Conflict: The World s Electric-Car Capital Is Having Nasty Fights Over Oil - Energy News for the Canadian Oil & Gas Industry
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Top Banker in Norway Links Latest No 1 Ranking to Childcare

World s Most Gender-Diverse Corporation Says Secret to Success Is Childcare Bloomberg 3/8/2021 Jonas Cho Walsgard, Ott Ummelas and Kati Pohjanpalo (Bloomberg) One of Europe’s best capitalized and top performing banks was also just named the world’s most gender diverse corporation. DNB ASA, Norway’s biggest bank, achieved the highest score for equality between the sexes of all corporations in the Equileap Gender Equality Global Report & Ranking of 2021, published this month. DNB’s chief executive, Kjerstin Braathen, says the key to success is making sure women aren’t disadvantaged when they have children. And the best way to do that is to provide adequate paid parental leave.

Norway Wealth Fund Dumps Oil Stocks Amid $10 Billion Loss

Norway Wealth Fund Dumps Oil Stocks Amid $10 Billion Loss Bloomberg 1/29/2021 Lars Erik Taraldsen (Bloomberg) Norway’s sovereign wealth fund has sold its entire portfolio of companies focused on oil exploration and production, marking a major step away from fossil fuels for the investing giant. The portfolio, worth about $6 billion in 2019, was fully exited by the end of last year, Trond Grande, the fund’s deputy chief executive, said by phone on Thursday. The move completes a years-long process to reduce the giant investor’s exposure to a sector that has defined Norway’s economy for the better part of half a century.

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