MSCI under fire for ESG ratings ‘biases’ that could cost investors January 22, 2024 A Liberum analyst has hit out at MSCI over its ESG ratings, calling for investors to ignore sustainability ratings from the firm due to “biases” in its ratings methodology that could lose them money. In a Substack blog post this morning, investment strategist Joachim Klement cited a recent paper from Bocconi University that found investors [...]
Osborne Clarke drops signature from legal climate charter January 22, 2024 City headquartered law firm Osborne Clarke has dropped its signature from a legal initiative designed to support law firms with transition to Net Zero. Legal Charter 1.5 was an initiative developed collaboratively by a group of large City law firms ahead of London Climate Action Week last June. At the time, eight law firms were [...]
The activists are coming: Why London-listed firms are worrying about more than just takeovers January 22, 2024 Activist investors are gearing up for an offensive in London, and boardrooms across the City are scrambling to shore up their defences.
The housing crisis will wage on if we don’t fix TfL’s funding problem January 22, 2024 Stop-gap funding for TfL is not only worsening London's transport system, but also its housing, writes Muniya Barua.
Efficacy of new oil and gas licenses in doubt ahead of key MPs bill debate January 19, 2024 Global Witness figures show UK production has fallen 60 per cent during a time when 1,680 new exploration licenses were granted.
Transformative Echoes: UN-Habitat’s Resounding Impact on COP28’s Global Stage January 19, 2024 In the bustling corridors of COP28, where global leaders converge to confront the existential threat of climate change, UN-Habitat took action. From 30 November to 12 December 2023, UN-Habitat has not merely participated in discussions but has emerged as a driving force, orchestrating a symphony of initiatives that underscore the organization’s commitment to sustainable urban [...]
Green alternatives: How investing in cannabis fuelled my hydrogen startup January 19, 2024 Green startups find it hard to get funding - but thinking outside the box can be rewarding.
The top three threats facing companies in 2024 – and how to prepare January 19, 2024 With businesses facing a unique convergence of risks in 2024, Axa deputy chief executive officer Frédéric de Courtois looks at how to prepare.
The Expanding Ambit of Palestine Activism January 18, 2024 | Sponsored This Sunday, six activists from Palestine Action were arrested over an alleged plot to disrupt trading at the London Stock Exchange. They were taken in on suspicion of conspiracy to cause criminal damage. This action is the latest in a significant rise in global campaigning criticising Israel’s war in Palestine, with activists condemning governments as [...]
Government’s controversial Drax biomass subsidy faces political backlash January 18, 2024 The UK government has published a consultation exploring different funding options for Drax's biomass-fired power plant