Exclusive: Good Energy chief slams poorly run companies in worsening market crisis February 22, 2022 The energy crisis has been worsened by poorly managed energy firms and price competition, argues Good Energy boss Nigel Pocklington.
Impact investing becomes the hot topic but terminology confuses investors May 10, 2021 UK investors are prioritising responsible investment but remain confused when it comes to investment terminology, new research shows. Nearly two thirds of investors surveyed by Close Brothers Asset Management, who currently have an average of £320,000 invested, are prioritising responsible investment over ‘traditional’ returns. Interest in so-called impact investing has surged in recent years and [...]
Back to school in the City: Lessons for a CEO from M&A to COP26 September 10, 2021 It’s been back to school in the City this week, with the streets of the Square Mile once again flooded (if not quite packed) with people. On the surface, it may look similar to pre-Covid, as footfall ramps up and Transport for London reported the busiest month since March 2020. CEOs, however, cannot return to [...]
Science Museum faces climate pressure after Shell revealed as ‘major sponsor’ April 16, 2021 The Science Museum has come under fire today as it revealed that Shell is a “major sponsor” of its flagship climate exhibition. The exhibition set for its reopening on 19 May, will focus on carbon capture and storage (CCS) technology, which Shell has said is “essential for society to reach the goals of the Paris [...]
Green with envy: companies around the world have pledged to go net zero without a plan to get there July 29, 2021 There has been an avalanche of commitments to reduce emissions, from private companies to governments around the world. More than 20 per cent of the world’s largest corporations have set net zero targets and most major economies have committed to achieving net zero by the mid century. Yet, with the existing policies, we are currently [...]
Financial services leaders team up to launch net zero alliance April 21, 2021 Leading financial services firms have today announced the launch of a new alliance to reach net zero emissions ahead of President Biden’s climate summit. The Glasgow Financial Alliance for Net Zero (GFANZ) will bring together existing and new net zero initiatives and will be made up of 160 of the world’s biggest banks, asset managers [...]
What’s bubbling up as we boil the ESG ocean? December 9, 2022 The globe is warming. Regulators are warning. Investors are calling. Climate change is felt by every one of us and it dominates discussions from the sofa at home, to the office, to the world’s leading conference stages. Whatever your perspective: concerned citizen or commercial entity (and the two are by no means mutually exclusive) we [...]
G7 states pumped $42bn more into oil and gas than renewables last year, analysis finds June 2, 2021 Countries within the G7 have channelled $189bn into oil, coal and gas in the last year, despite promises of a green recovery, new analysis has revealed today. Ahead of the UK hosted G7 summit in Cornwall next week, the analysis has also shown that between January 2020 and March 2021, the UK, US, Canada, Italy, [...]
Cop26: Sunak to force all UK financial firms to publish net-zero transition plans November 2, 2021 The UK’s financial institutions and listed firms will soon have to publish strategies on how they will transition to net-zero by 2050 as Rishi Sunak today unveiled his plan to make Britain the world’s first “net-zero financial centre”. The chancellor today said great efforts have been made to “rewire the entire global financial system for net [...]
Activist investor prepares to take on Shell over climate targets May 12, 2022 Shell is preparing for a shareholder showdown at its upcoming AGM, as activists push for more stringent environmental targets.