Scheme losses on BP disaster are an ESG failure

Jenna Towler
clock •

UK - News that the Norwegian Government Pension Fund Global lost €1.1bn on its 1.75% stake in BP has highlighted the potential impact faced by UK schemes, FairPensions says.

The responsible investment charity said the announcement from Norway "hints at the scale of losses" UK schemes will face. The Norwegian fund reported its investment in BP was its single worst pe...

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Jenna Towler
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