Champion of better capitalism
It was a pleasure to talk to Chris Gentle of The Conference Board on his Off the Shelf podcast recently. We discussed Entrusted and tried to offer some fascinating and practical insights on shifting away from extractive capitalism towards a new era of responsible wealth … Continue readingOff the Shelf podcast
I shuddered reading the report last week of the Boeing CEOs testimony to Congress. I heard the old, old story. Emails to superiors from a long-standing employee worried about catastrophic risk. Employee fatigue under management pressure to override safety priorities without delay. Executives and the … Continue readingBoeing – a case study in failed stewardship
Stewardship offers practical and entrepreneurial solutions to the shortcomings of capitalism according to new business book ‘Entrusted’ ‘Entrusted – Stewardship for Responsible Wealth Creation’ offers workable ideas and approaches by which investors and companies can resist short-termism and tackle escalating social, economic and environmental … Continue readingEntrusted
Another investor, Natasha Landell-Mills of Sarasin and Partners, reinforces the case for better stewardship in yesterday’s FT. (Asset managers must use their votes to tackle climate change) She asks why so many fund managers won’t vote for change. Short-termism is the reason. ‘Too many fund … Continue readingInvestors get fiduciary duty wrong and the climate suffers
Climate breakdown is a violation of the rights of the unborn. In an excellent Guardian article (Bad ancestors: does the climate crisis violate the rights of those yet to be born?) Astra Taylor describes lawsuits now in the US courts in which plaintiffs not yet … Continue readingThe future is undervalued – in democracies and in wealth creation