Editorial: HSBC brouhaha should kick off a worthwhile ESG debate May 23, 2022 It is ironic that in a speech criticising hyperbole, the now-suspended HSBC Head of Responsible Investing Stuart Kirk went to some effort to out-hyperbole even those who he sought to lambast. As a former journalist, Kirk will surely have known that criticising alarmist “nut jobs” was unlikely to do anything but stir a hornet’s nest. [...]
BoE governor Mark Carney urges the City to step up on climate change February 27, 2020 Outgoing Bank of England governor Mark Carney has demanded the City answer “calls to action” on climate change and help speed up the transition to a low-carbon economy. In a speech given in the City this morning, Carney is expected to call on money managers to “ensure that every financial decision takes climate change into [...]
Brits told to cut energy usage as Government unveils £1bn insulation support November 28, 2022 Households will be advised by the Government to lower boiler flow temperatures and turn down radiators in empty rooms.
JP Morgan attempts to block fossil fuel proposal from London activist investor January 26, 2022 Activist investor Tulipshare has filed a proposal with JP Morgan to halt its fossil fuel investments – which the Wall Street giant is looking to keep out of its next annual meeting. The London-based startup submitted the proposal in December on behalf of a millennial investor, however, JP Morgan has written to the US Securities [...]
Baillie Gifford is the latest target of the ‘omnicause’ June 5, 2024 Pressuring book festivals to divest from Baillie Gifford over its tenuous links to climate change and war in the Middle East is characteristic of the woolly thinking underpinning protest culture, says James Price We are all now, sadly, used to nonsense campus trivialities migrating from universities and into the office and even the streets. What [...]
Sunak to challenge Biden over US green subsidy package at upcoming talks March 13, 2023 The UK and US will “work through” concerns about green subsidies, Rishi Sunak revealed ahead of talks with President Joe Biden.
All about that BEIS: Rees-Mogg’s hefty in-tray as winter crisis looms September 7, 2022 The incoming Secretary of State has a hefty in-tray to deal with - with the Government pushing to boost domestic energy generation.
Sir Jon Cunliffe to be replaced by Sarah Breeden as Bank of England deputy governor August 1, 2023 Sir Jon Cunliffe will step down as one of the Bank of England’s chief market watchers later this year, Chancellor Jeremy Hunt has announced on Tuesday. Cunliffe, who was appointed Threadneedle Street’s deputy governor for financial stability a decade ago, will be succeeded by Sarah Breeden, also a long servant at the central bank. Breeden [...]
China and India fuel record high coal prices despite falling US and EU usage June 26, 2023 Coal prices climbed to record levels last year driven by rising demand across Asia, according to a new report on global energy trends.
Creating sustainable, resilient, inclusive communities November 16, 2023 The debate around net zero, and how to achieve it, has never been more fierce. The political arguments go back and forth; between what climate scientists recommend and what policymakers and the general public are prepared to accept. In the meantime, extreme weather continues to rage around the world. With COP 28 around the corner, [...]