Norway SWF flags key ESG obstacle in property portfolio

Norges Bank Investment Management (NBIM), which manages the $1.4 trillion Norwegian Government Pension Fund, the world’s largest sovereign wealth fund, has said that timely data on energy use continues to be a major obstacle to improving environmental performance in its property portfolio.  “Too much time is still spent on sourcing data, especially tenant data, and although we are continuously evaluating new technology solutions, we do not think the market is there yet,” senior ma…