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Showing posts with the label Norway

“Scared to Death” - Scandinavia and the US by Austin Wu, Impact Investing Analyst, University of Maryland

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On June 27th 2017, the House of Sweden, located on the banks of the beautiful Potomac River, hosted the Speakers of the Parliaments of Sweden and Latvia, the President of Parliament of Norway, along with Derek Cholett, the Executive Vice President at the German Marshall Fund of the United States, and Kurt Volker, the executive director of the McCain Institute for International Leadership, to discuss challenges in Northern Europe and how to face them in partnership with the United States.

The seminar focused on the possible withdrawal of the United States from NATO, and how the Scandinavian countries would be left vulnerable to potential military aggression and geographical expansion of Russia in the near future, should the close relationship between President Trump and President Putin hold true. One key point the speakers all agreed upon is this fact: a great nation needs great neighbors. As Russia sits in close proximity to the Scandinavian countries, the Scandinavians are all looki…

Norwegian Government investments in coal and petroleum companies

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Recently, "the Norwegian Ministry of Finance circulated (a) report from the Expert Group on the Government Pension Fund Global investments in coal and petroleum companies for a public hearing amongst Norwegian stakeholders. The Expert Group has evaluated whether the exclusion of coal and petroleum companies is a more effective strategy for addressing climate issues than the exercise of ownership and exertion of influence."  While not a citizen of Norway, in my comments, I respectfully reminded the Ministry that "All men are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly." 

Our research strongly suggests that investors and publicly traded companies must recognize the impact environmental incidents and issues have on a given firm's ability to use company assets and therefore generate revenue and profits.

See: https://drive.google.com/file/d/0Bx3S91AlzNJ4TlJ1VHIwRkZaODVrM0F…