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…

Sexism and the City

By Elisabeth Cowell Research consistently shows that companies with a higher percentage of female leaders outperform those dominated by men. Most recently, a study published by the House of Commons highlighted that companies in the top quartile for gender diversity on executive teams were 25% more likely to have above-average profitability than companies in 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…

Pressure points for NZAM signatories

By Eva Rana As stewards of a vast portion of global capital, members of the Net Zero Asset Managers initiative (NZAM) should have plenty of leverage – right? Yet, as the next round of interim disclosures approaches, the ‘path to net zero’ seems paved with awkward questions and dilemmas… NZAM is one of the world’s…

Net zero is set to become a major reputational issue come November

By Andrew Adie Climate Action 100+, the investor engagement group, yesterday published its second company benchmark assessment showing the number of organisations committing to net zero by 2050, and the progress they are making towards those targets. The conclusion could be rather bluntly defined as a lot of promise, not enough action. In fairness, for…

Purpose on Payday

By Sophie Morello Over the past month, Russia’s horrific invasion of Ukraine has thrown up a number of complex issues around the ethics of business and how we keep fragile net zero ambitions alive. Many Western companies operating in Russia were quick to exit, such as Apple and Ikea, but others, like McDonald’s, were slower…

Purpose on Payday

By Sophie Morello Governance as an ESG issue has leapt back into the spotlight, following the tragic events in Ukraine. As a result of the Russian invasion and the sanctions now being imposed by other countries, there will be renewed attention from media and activists on the investors and partners that businesses have and we…

Positivity is a critical tool in tackling global warming

By Andrew Adie Just 100 days ago COP26 closed its doors. It achieved more than it is often credited for, and there lies the problem. In the lead up to COP26, the environment and the drive to net zero was high on business, political and consumer agendas. SEC Newgate’s global ESG Monitor found that in the…