Does divestment work?
A recent paper reported as showing a causal link between divestment and carbon emissions proves nothing of the kind. It’s a case study on why to be sceptical of headlines describing complex research.
Following the evidence on responsible business
I’ve spent the year looking at what the best evidence has to say about key issues in responsible business. This is some of what I’ve learned.
The EU needs to recognise what corporate governance can and can’t do
Good corporate governance matters. But it’s not going to solve the world’s problems. The idea that it will risks taking us in the wrong direction and could make matters worse.
Getting to the heart of the case for diversity
Overstating the business case for diversity understates the changes we need to make
Investing for good
There’s no clear consensus on how individual citizens should best use their investments to save the planet. That doesn’t mean we shouldn’t try.
Don’t shed too many tears for Emmanuel Faber
The lesson from Danone is that purpose must lead to value
Better not to vote than to vote in ignorance (short version)
ISS voting recommendations are influential. Academic evidence suggests that’s probably not a good thing. Investors should revisit how they use them.
Better not to vote than to vote in ignorance
ISS voting recommendations are influential. Academic evidence suggests that’s probably not a good thing. Investors should revisit how they use them.
No good options
The UK Government’s mismanagement of the COVID crisis has left the country with no good options. What does an evidence-based approach look like from here?
Canary in the coal mine
Executive pay practices can signal governance troubles ahead. Investors should take note.
Two steps forward, one step back
Despite welcome progress, the latest report from The Purposeful Company shows that pay reform is probably too timid to make much of a difference
Fairness matters. Pay ratios don’t.
The focus should be on how companies treat their employees not on the largely meaningless pay ratio statistic
Reducing our footprint: a year in review
Cutting carbon through individual behaviour is possible, but can't be the whole answer…
From profit to purpose and back again
It is essential for the financial services industry to rediscover its purpose.
It’s not (just) what you spend, it’s the way that you spend it
Until we have global carbon pricing we must take responsibility for our consumption choices
Food: the free lunch of climate change
Changes to diet and food sourcing are the closest thing to a free lunch in the battle against climate change…
Air miles, road miles
Cutting our transport footprint means cutting our transport miles - electric vehicles can only be part of the answer…
Keep it simple, stupid
Support for simpler executive pay plans is growing - now both companies and investors need to focus on the possibilities not just the risks…
Hybrid solutions to wicked climate problems
Electrification of power is an essential part of moving to a low-carbon future. But looking at the issue in detail has exposed my naivety and challenged my view about the right solution…
Greening your domestic electricity supply
Green tariffs and solar panels can make a real contribution to reducing our domestic carbon footprint