February 13, 2018 / 10:45 AM / a year ago

Norway's wealth fund to issue policy on ocean environment

OSLO (Reuters) - Norway’s $1 trillion sovereign wealth fund could soon set out expectations for how companies it invests in should manage saltwater resources, it said on Tuesday.

The fund already has a policy on how companies should handle freshwater resources.

“We want to have an expectation document on water management that includes salt water ... It affects us as a country and as a fund,” Chief Executive Yngve Slyngstad told reporters, adding that he was hoping the document would be developed this year.

Reporting by Gwladys Fouche, editing by Terje Solsvik

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