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Norway’s Largest Pension Fund Divests from Oil Sands

https://www.ai-cio.com/news/norways-largest-pension-fund-divests-oil-sands/

Oslo's Kommunal Landspensjonskasse ( KLP), Norway's biggest pension fund, is now excluding investments in oil sands companies from its $81 billion portfolio. "We continue to reduce our exposure to companies involved in an activity that is not aligned with a two-Degree Celsius temperature target," KLP CEO Sverre Thornes said in a statement.