27 min listen
Does big money really believe green is good?
Does big money really believe green is good?
ratings:
Length:
24 minutes
Released:
Feb 15, 2021
Format:
Podcast episode
Description
When a man sitting on nearly $9 trillion dollars of funds speaks, CEOs, investors and politicians listen.
In late January, Larry Fink, boss of the world’s largest hedge fund, BlackRock, announced in his annual letter that "climate risk is investment risk. But we also believe the climate transition presents a historic investment opportunity.”
He's not alone in championing big money's green awakening, but the titans of finance remain invested in the fossil fuel industry to the tune of hundreds of billions of dollars. So does the rhetoric marry with reality?
Guests:
Caroline Le Meaux - Head of ESG Research, Engagement, and Voting policy at Amundi
Jeanne Martin - Senior Manager at Share Action
Vishala Sri-Pathma - BBC business reporter
In late January, Larry Fink, boss of the world’s largest hedge fund, BlackRock, announced in his annual letter that "climate risk is investment risk. But we also believe the climate transition presents a historic investment opportunity.”
He's not alone in championing big money's green awakening, but the titans of finance remain invested in the fossil fuel industry to the tune of hundreds of billions of dollars. So does the rhetoric marry with reality?
Guests:
Caroline Le Meaux - Head of ESG Research, Engagement, and Voting policy at Amundi
Jeanne Martin - Senior Manager at Share Action
Vishala Sri-Pathma - BBC business reporter
Released:
Feb 15, 2021
Format:
Podcast episode
Titles in the series (100)
Can the internet ever be green?: Data drives our modern economy, but at what cost to the climate? by The Climate Question