Norway’s $2 trillion wealth fund plans to vote in favor of a shareholder proposal at Microsoft’s upcoming AGM, demanding a report on risks related to human rights concerns in operating countries, and will oppose CEO Satya Nadella’s re-election and pay package, reflecting its significant stake in the company.
Norway's Norges Bank Investment Management opposed Tesla's proposed $1 trillion stock award to Elon Musk due to concerns over its size, dilution, and key person risk, marking a significant challenge to Musk's compensation plan ahead of Tesla's annual meeting.
Norway's $2 trillion sovereign wealth fund is terminating contracts with external asset managers handling its Israeli investments and has divested from 11 Israeli companies due to concerns related to the Gaza and West Bank situation, aiming to improve due diligence and limit investments to companies in the equity benchmark index.