Norway Wealth Fund CEO Says AI Ends the Need for Climate Hires
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Norges Bank Government Pension Fund Global
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By Frances Schwartzkopff and Heidi Taksdal Skjeseth
October 22, 2025 at 8:00 AM GMT+2
Updated on October 22, 2025 at 1:25 PM GMT+2
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Norway’s sovereign wealth fund, the world’s biggest, is giving artificial intelligence a key role in protecting its $2 trillion portfolio from climate risk.
Norges Bank Investment Management will use AI for a range of tasks including to “extract signals from company dialogues,” according to its 2030 Climate Action Plan. The fund also intends to use AI to improve decision making, and “to strengthen investment processes across teams,” ultimately helping it identify corporate winners and losers, it said.
Tangen has made no secret of his enthusiasm for AI. In an interview in May, the 59-year-old former hedge fund manager said he’s been running around “like a maniac” trying to get staff to use the technology, even going so far as to say that employees shunning AI “will never be promoted.”
At Oslo-based NBIM, AI is already proving useful in determining whether the fund’s climate policy is working, Tangen said. That includes evaluating the effectiveness of its engagement with portfolio companies, crunching data to guide recommendations on proxy votes and generating quantitative climate scores, he said.
“Portfolio managers get this information directly in their trading systems,” Tangen said. AI can help identify “transition winners,” which he describes as companies that are “decarbonizing faster and more effectively than the market expects.”
During the press briefing, Tangen was asked to comment on ChatGPT’s advice that a long-term investor keen to manage climate risk should reduce its exposure to fossil fuel companies. “We disagree, we won’t do it,” he said. Tangen then asked the head of his climate team, Eivind Filflet, to run the same question by Claude, the language model developed by Anthropic PBC. Claude’s response laid out the case “for continuing engagement,” he said.
“But Claude knows me,” Filflet said. Tangen said the example demonstrates why it’s still important to have a “human in the mix.”
Chatbots have an impact specifically on the brains of bosses and managers that ought to be subject to an entire new field of social science
www.bloomberg.com/news/article...
22.10.2025 12:10 — 👍 254 🔁 85 💬 14 📌 13
21.10.2025 10:32 — 👍 85 🔁 9 💬 3 📌 1
19.09.2025 17:51 — 👍 0 🔁 0 💬 0 📌 0
It has been six months ago since I watched Demonlover and since then I have seen multiple films that 1. came out before it 2. held similar asthestic choices and vibes very similar to Demonlover and 3. delt with its political concepts/themes far better than Demonlover ever could.
19.09.2025 12:30 — 👍 1 🔁 0 💬 1 📌 0
LOL
18.05.2025 04:53 — 👍 1 🔁 0 💬 0 📌 0
I know a movie truly has something to stand on when every review defending it can be summerized as "You don't get it, man. The film is about gender dysphoria! Have you heard such a thing?"
28.04.2025 22:18 — 👍 0 🔁 0 💬 0 📌 0
New Letterbox pet peeve: Beginning your review with "I don't know why people hated this." You could if you actually read some fucking reviews asshole!
28.04.2025 14:59 — 👍 0 🔁 0 💬 0 📌 0
Tim Roger's L.A Noire video is absolutely the best thing he has ever done. I'm convinced.
24.04.2025 21:01 — 👍 0 🔁 0 💬 0 📌 0
miscellaneous uncs shoot poison on stage
12.04.2025 00:46 — 👍 0 🔁 0 💬 0 📌 0
miscellaneous uncs shoot poison on stage
10.04.2025 18:39 — 👍 4 🔁 1 💬 0 📌 0
All time cinematography here btw, this is a film you cannot look away.
27.03.2025 04:18 — 👍 0 🔁 0 💬 0 📌 0
Today I watched J. Michael Muro's Street Trash. Not for the faint of hearts. But I gotta say. Genuienly might be one of the craziest films I've ever seen. Utter apocalypse. Tonally all over the place. Hilariously like Visitor Q in that way.
27.03.2025 04:08 — 👍 1 🔁 0 💬 1 📌 0
I worked out then bam- rest of the day just utterly absorbed into Psycho Patrol R
25.03.2025 00:59 — 👍 0 🔁 0 💬 0 📌 0
Reading reviews like this (for the film Ride or Die) gets me to think that most people don't want to watch films that deal with the nuance of sexuality. No- they just want to watch porn and not feel bad about it.
24.03.2025 13:15 — 👍 0 🔁 0 💬 0 📌 0
A film that depicts the social phenomena of getting hyped over fucking nothing. Watch it on your computer with VLC player for the real experience.
22.03.2025 16:46 — 👍 2 🔁 0 💬 0 📌 0
plot pigs can't handle sex scenes.
18.03.2025 22:54 — 👍 2 🔁 0 💬 0 📌 0
I like the "anti consumption" sentiment we should continue that. I think you should bully someone that uses "consume" and [A form of art] in the same sentence.
07.03.2025 20:03 — 👍 0 🔁 0 💬 0 📌 0
If you're so attached to Disco Elysium, and you want to make a video game. At least apply it to something so away from a CRPG. Be so other. Apply what you loved to a weird dating sim. (Tokimeki Memorial prob has your number there too but idk, don't worry about that)
07.03.2025 19:53 — 👍 0 🔁 0 💬 0 📌 0
I look at this and just think "What the hell are we even doing here?" What is the point of making something that just screams "See? You recongize this but its worse."
07.03.2025 19:40 — 👍 0 🔁 0 💬 1 📌 0
A phrase I've noticed for such a long time (esp with video games) is a game that can be described as a "[a game you know]-like" where the main consensis is "oh well its not ____ but its good enough for my ____ fix" Like we're treating this thing like its a synthetic drug.
07.03.2025 19:30 — 👍 1 🔁 0 💬 1 📌 0
Heres another metrovania heres another disco elysium heres another dark souls heres another diablo heres another of the same but less reconizeable until it is nothing at all. would you like to experience what can be described as the simulacra of your past?
07.03.2025 19:27 — 👍 2 🔁 0 💬 1 📌 0
I think making a video game, heavily inspired by another video game is the worst thing you can ever do with yourself as an artist.
07.03.2025 19:19 — 👍 2 🔁 0 💬 1 📌 0
No but I would give Igor a chance.
03.03.2025 05:57 — 👍 2 🔁 0 💬 0 📌 0
Anora is the most mixed I've felt about a film in awhile. Which is kinda fun in its own way.
03.03.2025 05:47 — 👍 1 🔁 0 💬 1 📌 0
Now that's the Baker film that deserves 4 oscars.
03.03.2025 05:43 — 👍 2 🔁 0 💬 2 📌 0
Anora was just ok and it prob didnt deserve 4 oscars but the people who vote for this shit is as stupid as the people who bitch about it so who cares.
03.03.2025 05:39 — 👍 7 🔁 0 💬 1 📌 0
My Oscar goes to Mike Leigh's Hard Truths
03.03.2025 05:38 — 👍 1 🔁 0 💬 0 📌 0
haunted by woke
26.02.2025 04:41 — 👍 0 🔁 0 💬 0 📌 0
Also heres another update on me while we're at it. I'm really into Roxy Music right now.
25.02.2025 02:58 — 👍 2 🔁 0 💬 0 📌 0
American Psycho whoops this films' ass so hard. And it came out two years before Demonlover.
25.02.2025 02:52 — 👍 1 🔁 0 💬 0 📌 0
Rogers Park YIMBY Socialist. Internally displaced southern queer refugee. All my homies hate landlords, car dependency, and exclusionary housing policy.
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