In an article on The Conversation website, Marc Lepere, PhD Candidate in Political Economy at King's College London discusses many of the concerns about the Environmental, Social and Governance (ESG) label. Fortunately, there is hope for the future. Green investing: the global system for rating companies’ ethical credentials is meaningless As the war in Ukraine … Continue reading If ESG is to live up to its potential, we’re still a long way from making it meaningful
On November 3rd, during the first week of COP26, Mark Carney, the UN Special Envoy on Climate Action and Finance, announced that 450 financial organisations from 45 countries pledged to deliver the estimated $100 trillion of finance needed for net zero over the next three decades. This is the Glasgow Financial Alliance for Net Zero … Continue reading Blog from Peter Sweatman: And how much of the $100 trillion is earmarked for energy efficiency, Mark?
Dominic Rushe writes on The Guardian website about the views of Tariq Fancy, the former chief investment officer for sustainable investing at BlackRock, the world’s largest asset manager. But for Fancy, who now runs the digital learning non-profit Rumie in Toronto, Canada, BlackRock’s move, and the ones it has inspired, contain a fundamental flaw: the … Continue reading The climate crisis can never be solved by today’s free markets