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
Why are so many investment experts so blind ? It has to be the way they are educated. (Funds fail to insulate against climate risk,FT, Monday November 5th.) Only 5% of the UKs biggest corporate pension funds have a policy on climate change, according to … Continue readingWhy are so many investment experts so blind?