Norway's oil fund backs more focus on climate change at BP, Shell

April 15, 2015 6:22 AM

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OSLO, April 15 (Reuters) - Norway's oil fund, the world's biggest sovereign wealth fund, said on Wednesday it would back a proposal from shareholders of BP and Royal Dutch Shell for further information from the companies on risks and opportunities associated with climate change.

The $885 billion Fund, which invests revenues from Norway's offshore oil and gas production, disclosed its voting intentions for the first time ahead of the companies' shareholders meeting, in line with its previously announced strategy to increase transparency.

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