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You are in Strategy and Governance » Asset class implementation not reported in other modules
Describe what processes are in place and the outputs or outcomes achieved
Cah surplus awaiting investment is placed in bank deposits. Nysnø is currently in the process of building its portfolio and will have a higher degree of cash deposits until fully invested. We have initiated a pilot for green deposits with Norwegian fintech FixRate where the deposits must be used for loans to sustainable projects (predefined in the tender to the banks). Cash deposits follow the general ESG policy https://www.nysnoinvest.no/en/esg-policy-en/