Blackrock needs to ‘face up’ to role in promoting ‘dangerous ESG placebo’, ex green investment chief argues July 14, 2024 Writing in City A.M. over the weekend, Fancy, who was formerly chief sustainable investment officer at Blackrock criticised Larry Fink for his "vacuous promises" on ESG.
When Is A Solution Not A Solution? Navigating The Complexities Of Sustainability April 16, 2024 Defining what constitutes a genuine solution can feel like a tricky endeavour as businesses strive towards sustainability. As stakeholders become increasingly aware of sustainability issues, they naturally scrutinise claims more closely. The boundaries between impactful environmental actions, economic considerations, social impact, and mere greenwashing are often blurred, raising concerns about efficacy, unintended consequences, and ethical [...]
How the new Green Finance Strategy hopes to make London the world’s first net zero financial centre March 30, 2023 The government released its long-awaited Green Finance Strategy on Thursday, announcing a widespread review of policies and regulations as it seeks to channel investment towards the green economy. The delayed report sets out proposals to pursue the government’s ambition of making London the world’s first net zero aligned financial centre. It said the proposals would [...]
The ESG Future Forum January 23, 2024 The ESG Future Forum 2024 is an extraordinary event curated for leaders across business, professional, and financial services firms, who are committed to pioneering the future of ESG practice! Elevate your leadership at this peer to peer event dedicated to cultivating collaboration and action among visionary leaders unapologetically devoted to harmonising commercial success with meaningful [...]
Lombard Odier called in to build £5bn ESG fund for UK pension savers February 22, 2024 One of the UK’s biggest pension schemes has called in Lombard Odier to build a £5bn ESG fund to pump into companies tackling climate and social issues.
Gearing up against greenwashers: investors seek clarity on sustainability terminology November 9, 2020 A dearth of clear, agreed sustainability definitions present a challenge to investors looking to invest sustainably. This is according to the results of the Schroders Institutional Investor Study, which surveyed 650 institutional investors across 26 countries during April 2020. Gearing up against greenwashers Greenwashing is about falsely communicating the environmental benefits of a product or [...]
HSBC facing backlash over ‘vague’ $1trillion green plans May 3, 2024 HSBC is facing a backlash over its "vague" $1trillion green plans today as it prepares to face down shareholders at its annual general meeting.
‘Iron out’ differences on global climate rules, say ECB and IMF August 8, 2022 Global guidelines on corporate climate reporting must fall in line with those in Europe and the US or investors could be hit by fragmented and inconsistent information, the European Central Bank and IMF have warned.
The fight for B Corp’s soul August 6, 2024 Last month, the French media giant Havas was stripped of its B Corp certifications after signing a global media buying contract with Shell. Ali Lyon explores what the decision means for the industry
Worst corporate jargon awards: ESG February 22, 2024 More prolific than even Pret, ESG has a stranglehold on the corporate world, but City A.M.'s comment desk is here to break it.