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Norway Wealth Fund to Target Boards With Less Than 2 Women

Norway's Economy as Rate Hike Remains Years Away
Photographer: Odin Jaeger/Bloomberg

Norway’s sovereign wealth fund plans to confront companies it owns that have fewer than two women on the board, as part of its new push for better gender diversity.

The world’s biggest wealth fund, which oversees about $1.3 trillion from its head office in Oslo, said this week boards on which women make up less than 30% of the total should consider setting targets for gender diversity.