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Norway's $2 Trillion Fund Targets Scope 3 Emissions by 2050

10/23/2025

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Story summary
  • Norway's sovereign wealth fund targets Scope 3 emissions across 8,500 portfolio companies to align investments with net-zero goals by 2050.
  • The fund, valued over $2 trillion, pursues this climate strategy despite U.S. regulatory rollbacks under the Trump administration.
  • The fund will leverage artificial intelligence to improve decision-making and identify companies decarbonizing effectively.
  • Critics urge stronger enforcement, arguing the fund's credibility depends on implementing its climate agenda.