7 min listen
Asset managers cool on climate group
FromFT News Briefing
ratings:
Length:
12 minutes
Released:
Feb 16, 2024
Format:
Podcast episode
Description
European Commision president Ursula von der Leyen says Europe’s military needs to step up and two of the world’s biggest asset managers are quitting an investor group set up to prod companies over global warming. Plus, big food companies are jumping into new farming practices meant to store carbon underground, but there are significant hurdles. Mentioned in this podcast:Von der Leyen calls on EU to subsidise defence productionJPMorgan and State Street quit climate group as BlackRock scales backThe dubious climate gains of turning soil into a carbon sinkHedge fund stampede into cocoa futures fuels record price spikeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Released:
Feb 16, 2024
Format:
Podcast episode
Titles in the series (100)
Friday, October 19: Tougher talk from the US on Saudi Arabia, Uber’s move from drivers to waiters and why Wall Street traded lower on Thursday. Plus, a report from day two of the EU summit. by FT News Briefing