Home » Technology » The Nobel Foundation sells holdings in the oil sector

The Nobel Foundation sells holdings in the oil sector

The Nobel Foundation sells its fund holdings in the oil sector. This is about SEK 350 million of assets in a fund that did not have sufficiently strong restrictions regarding oil, according to CEO Vidar Helgesen.

“Since several of our awards are about science, it is natural to rely on science when it comes to climate change and sustainability,” Helgesen told AFP.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.