London Wants to Be a Lighthouse for Green Cities Everywhere

By Imogen Orke In the virtue contest to become Europe’s “greenest city” London has one big natural advantage – it’s 35,000 acres of parks and green spaces. But The City square mile is, perhaps, its greatest environmental asset. This week at London Climate Action Week (LCAW), Mayor Sadiq Khan highlighted the capital’s pivotal role as…

Property Must Hold Its Nerve on Net Zero

By Alli Hayman Love is All Around by Wet Wet Wet was the soundtrack to the summer of 1994. The Scottish band’s single for the film Four Weddings And A Funeral spent 15 weeks at number one from June to September and was inescapable, even for those of us more excited by Blur and Oasis….

Purpose on Payday: SEC Newgate’s View

By Sophie Morello The cost-of-living crisis continues to dominate the headlines, with UK inflation hitting a 40 year high of 9.1%, the highest inflation rate in the G7. This raises a key question, will the UK be able to meet its net zero targets while battling such economic headwinds? With household budgets being squeezed, consumer…

The climate change debate: next stop – London

By Tim Le Couilliard The climate change conference circuit ahead of COP27 is in full flow. These frequent gatherings bring together key players to cover a bewildering range of complex topics in plenty of locations. From Bonn in Germany last week, where the latest round of UN climate talks took place, to London Climate Action…

In defence of corporate purpose

By Andrew Adie Stakeholder capitalism and ESG are receiving a lot of flak at the moment. They are being derided as ‘woke’ window dressing – we’re seeing even arch proponents like Blackrock acknowledging that following a purist approach to ESG is challenging when markets are all tracking downwards. We’ve seen Unilever, the poster child of…

This month in Pensions: How to manage the ESG backlash

By Gareth Jones Across the country, the past few days have been dominated by festivities around the Queen’s Platinum Jubilee and by political turmoil in Westminster, with questions raised over the Prime Minister’s future following his less-than-emphatic victory in the vote of no confidence from Conservative MPs.  However, for many in the pensions industry –…

HSBC’s Stuart Kirk – Gerald Ratner or a canary in the mine?

By Simon Neville Stuart Kirk has been described by some as the next Gerald Ratner for his comments at an FT event, including such gems as “who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages and that’s a really nice place.” The bank he works…

Build to Rent: Putting ESG into action in property

By Alina Haritonova The UK housing market is broken – we’re facing raging inflation, increased interest rates, a chronic shortage of homes, and a looming cost of living crisis thanks to a spike in energy pricing, amongst other things. The rental market leaves a lot to be desired too – a large proportion of the…

Purpose on Payday

By Sophie Morello This week the Government announced the formation of the UK Transition Plan Taskforce (UKTPT) to deliver the Government’s ambition to make the UK the “world’s first net zero-aligned financial centre.”  The Taskforce will “develop the gold standard” for climate transition plans aligned to the net zero by 2050 targets, mapping out what financial institutions…