Blackrock must face up to its failures on ESG July 13, 2024 With multi-billion dollar greenwashing scandals unfolding across America, the ESG industry is facing a severe reckoning, says Blackrock’s former chief sustainable investment officer Tariq Fancy On April 18, this newspaper published an interview I gave entitled “ESG is dying – but that might be a good thing.” It traced market events since I began arguing [...]
Asset manager Redwheel buys £1.1bn sustainable investor Ecofin July 11, 2024 Asset manager Redwheel has moved to expand into the US with the buyout of sustainable asset manager Ecofin for an undisclosed price.
ESG-focused Impax builds out fixed income offering with new fund acquisitions July 10, 2024 Ian Simm, founder and chief executive of Impax said: "This transaction marks an important milestone in our strategy to expand Impax's fixed income capabilities globally".
Climate Comms: How Activists Have Framed Liquid Natural Gas July 8, 2024 | Sponsored Activist groups are, at their core, communications outfits. No matter how strong the moral conviction, if the message isn’t communicated effectively, it won’t lead to change. For some campaigning issues, the comms are less complex than others. Take PETA’s long-running campaign against Canada Goose, for example. The firm is accused of “cruelly” using coyote fur in its [...]
Baillie Gifford was just the first: Climate protests are coming for asset managers June 29, 2024 The saga of Baillie Gifford has finally petered out, but the fight between City asset managers and climate protesters is only just beginning.
General Election 2024: Can Labour really hit net zero? June 27, 2024 With the election just one week away, Labour’s pledge to “make Britain a clean energy superpower” has sparked a debate on whether or not their net zero scheme is actually achievable. Sir Keir Starmer revealed that Labour’s transition team is considering setting up an office for Net Zero, should they win the election, in order [...]
Firms moving listings to the US isn’t just bad for Brits, it’s bad for the planet June 23, 2024 The wave of British companies listing in the US isn't just bad for the London Stock Exchange, it's also worsening climate change.
Will it work? GB Energy June 20, 2024 Labour has pledged £8.3bn for a new energy investment vehicle, GB Energy. But will it work? Sam Fowles investigates.
CSRD: NGOs are Conducting Your Materiality Assessment for You June 19, 2024 | Sponsored To meet the requirements of the Corporate Sustainability Reporting Directive (CSRD), businesses are getting to grips with reporting material impacts on people and the planet. Doing this robustly is an enormous task, and the deadline is fast approaching. But NGOs have been working at this for decades. Their networks and alliances on-the-ground mean that they can [...]
The Notebook: UK businesses must realign profit with purpose June 17, 2024 Simon Milton, founder of Pulse, takes the notebook pen to talk about the urgent need to rebalance the pursuit of profit with purpose.