Activist investors: the new climate enforcers?

By Anthony Hughes With the SEC issuing a new draft proposal to add standardised climate reporting to required disclosures by public companies and TCFD reporting requirements coming into force in the UK last week (6 April), ‘ESG’, in all its glory, looks like it is finally starting to materialise into something more concrete that will see more…

Purpose on Payday

By Andrew Adie July was a month of extreme weather: From regional flooding in Northern Europe, flash floods in parts of the UK, extreme heat in the US to landslides in India. Lives lost, businesses and homes destroyed and widespread concern about what this tells us about our future. Analysis from the Royal Meteorological Society…

Is this the dawn of a green arms race?

By Charlotte Coulson 2020 will not just go down in history as the year of the COVID-19 pandemic, it was also the second hottest year in history. With countries around the world suffering droughts, wildfires or other forms of severe weather, climate has become a top priority, and in doing so has ushered in a…

Why net neutral can be a net negative for brand and reputation

By Andrew Adie Committing to net-zero by 2050 (or before) and ensuring there is a clear social as well as commercial purpose for your organisation has become de-rigueur for business. Pre-Covid there was a risk that this had, in some cases, taken on a slightly tokenistic slant. Bumper-sticker slogans that aimed to set ‘purpose’ for…

Morality vs money – the USA’s ESG dilemma

By Henry Adefope, Associate Partner Earlier in June, the US Department of Labor (DoL) set out plans for a rule that would require private pension administrators to prove that they were not sacrificing financial returns by putting money into ESG-focused investments. Under the proposals, defined contribution pension plans would also be restricted from offering ESG funds as…