{"id":303402,"date":"2026-02-26T15:58:13","date_gmt":"2026-02-26T15:58:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/303402\/"},"modified":"2026-02-26T15:58:13","modified_gmt":"2026-02-26T15:58:13","slug":"norways-wealth-fund-using-ai-to-screen-for-esg-risks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/303402\/","title":{"rendered":"Norway&#8217;s wealth fund using AI to screen for ESG risks"},"content":{"rendered":"\n<p class=\"yf-vbsvxt\">OSLO, Feb 26 (Reuters) &#8211; Norway&#8217;s $2.2 trillion sovereign wealth fund, the world&#8217;s largest, is using AI to screen companies for risks \u200csuch as potential links to forced labour and corruption, and \u200chelp avoid financial losses as a result, it said on Thursday.<\/p>\n<p class=\"yf-vbsvxt\">One of the world&#8217;s \u200blargest investors, the fund holds stakes in around 7,200 companies globally, owning about 1.5% of all listed stocks. It has often set the pace on environmental, social and governance issues.<\/p>\n<p class=\"yf-vbsvxt\">The fund&#8217;s investments are measured against \u200ca benchmark index set \u2060by the finance ministry, with equities tracked against the FTSE Global All Cap index.<\/p>\n<p class=\"yf-vbsvxt\">Each time that index includes \u2060new companies, the fund&#8217;s operator, Norges Bank Investment Management (NBIM), must screen them before they enter the portfolio.<\/p>\n<p class=\"yf-vbsvxt\">Since 2025, NBIM has used large language models \u200bto screen \u200ball companies on the day they \u200benter the equity portfolio, rapidly \u200cscanning for public information that data vendors typically do not provide.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;Within 24 hours of our investment, the <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:AI tools;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">AI tools<\/a> flag new companies in the fund&#8217;s equity portfolio with potential links to, for example, forced labour, corruption or fraud,&#8221; NBIM said in its annual responsible investment \u200creport, published on Thursday.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;In multiple instances, we \u200bidentified and sold these investments before the \u200bbroader market reacted to \u200bthe risks, avoiding potential losses.&#8221;<\/p>\n<p class=\"yf-vbsvxt\">AI is especially useful for \u200cresearching smaller companies in emerging markets, \u200bNBIM said, noting \u200bthat data vendors often offer limited coverage and international media may not report on them.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;News may be limited to small media \u200boutlets in local \u200clanguages, and controversies suggesting systemic failures in risk management may \u200bgo unreported in international media,&#8221; it said.<\/p>\n<p class=\"yf-vbsvxt\">(Reporting by Gwladys Fouche \u200bin Oslo. Editing by Mark Potter)<\/p>\n","protected":false},"excerpt":{"rendered":"OSLO, Feb 26 (Reuters) &#8211; Norway&#8217;s $2.2 trillion sovereign wealth fund, the world&#8217;s largest, is using AI to&hellip;\n","protected":false},"author":2,"featured_media":303403,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,166248,166249,111,139,166250,69,96168,145],"class_list":["post-303402","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-forced-labour","tag-nbim","tag-new-zealand","tag-newzealand","tag-norges-bank-investment-management","tag-nz","tag-sovereign-wealth-fund","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/303402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=303402"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/303402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/303403"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=303402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=303402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=303402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}