ESG

2 months ago

ESG must find an answer to the human rights challenge

By Johnny Patterson The sharp disparity between the rhetoric of investors about ESG and their actions relating to human rights deserves greater scrutiny. The majority of investors rightly state in their Governance and Sustainability guidelines that they expect all the firms they invest in to comply with the United Nations Guiding Principles for Business and Human Rights. The major players are part of the UN’s Principles for Responsible Investment network…

2 months ago

If you want to get serious about ESG, send for the accountants

By Jake Atkinson Amongst all the announcements taking place at last year’s COP in Glasgow, it was easy to have missed what was regarded by many as the most exciting development for the accountancy profession in a generation (I’ll leave it to the reader to determine how exciting that actually is).  The International Sustainability Standards Board (ISSB) was announced, created through the merger of some of the ingredients comprising the…

2 months ago

Labour should embrace UK leadership on impact investing

By Joe Dharampal-Hornby The need has never been greater to mobilise more private sector capital, at scale, to address social and environmental challenges. Within the environmental, social and governance (ESG) movement, impact investing has emerged as a leading solution. Despite ESG’s familiarity, it means different things to different people, and can often include approaches that seek to mitigate harm rather than creating impact. Impact investing, by contrast, requires investment to…