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Norwegian Government Pension Fund Norway (Norwegian Ministry of Finance and Folketrygdfondet)

PRI reporting framework 2020

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Confidence building measures

CM1 01. Assurance, verification, or review

01.1. Indicate whether the reported information you have provided for your PRI Transparency Report this year has undergone:

01.2. Additional information [OPTIONAL]

          Changes in responses to the various asset class questionnaires, as well as responses to new questions, have been reviewed by the CIO - Equities and CIO - Fixed Income, respectively.

CM1 02. Assurance of last year`s PRI data

02.1. We undertook third party assurance on last year’s PRI Transparency Report

02.3. Additional information [OPTIONAL]


CM1 03. Other confidence building measures

03.1. We undertake confidence building measures that are unspecific to the data contained in our PRI Transparency Report:

          Our ownership report is read by our auditor, KPMG.

03.5. Additional information [OPTIONAL]


CM1 04. Assurance of this year`s PRI data

04.1. Do you plan to conduct third party assurance of this year`s PRI Transparency report?

04.3. Additional information [OPTIONAL]


CM1 05. External assurance

05.1. Provide details related to the third party assurance over selected responses from this year’s PRI Transparency Report and/or over data points from other sources that have subsequently been used in your PRI responses this year

What data has been assured

Relevant modules

Who has conducted the assurance

          KPMG is Folketrygdfondet's external auditor (for financial data) and completed an assurance engagement of Folketrygdfondet's RI policies in 2018 (not of PRI responses).

Assurance standard used

Level of assurance sought

Please provide:

Link to original data source (if public) [URL]

Attach a file

05.2. Additional information [OPTIONAL]

          Please see the attached assurance engagement letter (Norwegian), which examined Folketrygdfondet's implementation of the responsible investment requirements in our mandate. See also a summary of the engagement in the Folketrygdfondet annual report (Norwegian).

CM1 06. Assurance or internal audit (Not Applicable)

CM1 07. Internal verification

07.1. Indicate who has reviewed/verified internally the whole - or selected data of the - PRI Transparency Report . and if this applies to selected data please specify what data was reviewed

Who has conducted the verification

Sign-off or review of responses

What data has been verified


          New responses

Relevant modules

What data has been verified

Relevant modules

What data has been verified

Relevant modules

07.2. Additional information [OPTIONAL]

          The dedicated ESG staff member is a member of the equities investment team and has reviewed the whole PRI Transparency Report.