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…

Can the planet save business?

By Andrew Adie, Managing Partner Being carbon neutral by 2050 was once a big statement of intent. A bold commitment to decarbonise and build a sustainable business fit for the future. Today that year is continually dropping. This week Apple announced that it, and its supply chain, would be carbon neutral by 2030, last week…

Business purpose in a post-Covid world

By Andrew Adie, Managing Partner In the world before Covid-19 (remember that?) we all spent large amounts of time asking corporates what their social purpose was. Where did they stand on ESG? What did it mean to work for their business? Today – as attention begins to turn to a post-pandemic recovery – corporate purpose is…

EU Taxonomy legislation could make 2020 the year of the ‘green bull’ market

By Andrew Adie One of the great challenges facing those trying to drive through sustainable investments is the issue of measurement and comparison across holdings.  However, this month the EU is due to formally adopt new green investment rules, known as Taxonomy, which will, for the first time, provide a universal system for classifying sustainable…