Norwegian National Petroleum Company (EQNR.US) shares were sold by a major shareholder due to the company's strategy falling short of global climate goals.

A company that co-led climate negotiations with Equinor (EQNR.US) said it sold its shares in the energy giant because its board failed to align its strategy with the goal of limiting global warming to 1.5 degrees Celsius. The asset manager represents more than 600 investors.