February 06, 2021

Anna Murray 

Nicolai Tangen is the CEO of the world biggest fund in Norway.  He said that they had turned away from those being-invested companies that do not have transparent tax plan.

Some of the companies have been de-listed from their list due to lack of informationon where and how those firms pay tax.However, Mr. Tangen did not reveal any nameof those companies.

In 2016, lawmakers in Norway strongly asked the fund tobe more aggressive and more involved in worldwide combating tax havens.Then the"expectation document" of tax transparency was issued afterward by the fund in 2017. It then went toall of the boards of those invested companies.

Photo:Webshot.