Norway’s sovereign wealth fund wants the companies in which it invests to start living up to explicit gender diversity goals.
The world’s biggest wealth fund, which oversees about $1.3 trillion from its head office in Oslo, said boards on which women make up less than 30% of the total should consider setting targets for gender diversity, according to a position paper published on Monday. The idea is to try to end the “persistent underrepresentation” of women on corporate boards.
