Norway’s Equinor intends to further review its asset portfolio this year to reinforce its shift towards investments in green sources of energy as part of a climate initiative backed by powerful global investors.

The state-controlled company, which last year changed its name from Statoil to reflect a broader focus on energy beyond oil and gas, said it will “strengthen its commitment to climate leadership” through new measures outlined in a joint statement with investors under the so-called Climate Action 100+ effort.