The investors allege that the state-controlled energy giant is giving a "sense of false comfort" about its alignment with the Paris Agreement’s 1.5°C temperature goal, potentially misleading the market and shareholders, including the Norwegian government itself.

The complaint, spearheaded by UK-based Sarasin & Partners, names several prominent signatories, including Rathbones Group, Railpen, and Robeco.

Read more about the complaint on responsible investor (english) or in EnergiogKlima (Norwegian).

The full letter is available below:

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