Edo Schets

NEW: Barclays has been branded “totally dishonest” by one of its investors for calling tens of billions of dollars for fossil fuel companies “sustainable finance”. The UK high street bank says it is helping to address climate change by raising $1 trillion in sustainable and transition finance by 2030. This includes sustainability-linked loans and bonds, in which a company agrees to meet certain climate-related targets or else face a higher interest rate. But these targets can be weak and the penalties for failing to meet them paltry. The company can also use the money raised how it sees fit, meaning supposedly sustainable finance could fund polluting activities. Andrew Harper of Epworth, an investment manager owned by the Methodist church that invests in Barclays, said: “We’re concerned because the bank is making such a substantial claim and the public thinks the climate emergency is being worked towards being solved. Meanwhile, the problem is getting worse and worse. We think it’s totally dishonest. “If they are calling the financing of any fossil fuel companies sustainable finance, that to me is greenwash.” Barclays said: “We are committed to being transparent and report separately on the green finance, sustainable finance and the sustainability-linked finance mobilised towards our $1 trillion target, so stakeholders and investors have a clear understanding of what we are reporting.” It said it set out very clear requirements for energy clients’ targets and transition plans in order to access finance. https://lnkd.in/e8sEpJ3G

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Voting at shareholder meetings is part of being an active owner. In Schroders latest blog we share how we will vote on Nestlé’s reporting on food and beverages according to their healthfulness. Learn more below. #ActiveOwnership #Sustainability

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🔔 Stay ahead of the game with our brand new UK MONTHLY CARBON MARKET REPORT! Don't miss out on this essential resource for latest updates and analysis of the UK carbon market. Our newsletter includes: 📈 In-depth price and policy developments. Our expert analysis will help you understand the key drivers behind price changes and policy moves. 💸 Monthly UKA price forecast: Understand where the market is heading and make informed decisions with our expert predictions. 🔎 Price scenarios with and without the Supply Adjustment Mechanism (SAM). See how market dynamics change under different supply conditions and plan your strategies accordingly. Register now: https://lnkd.in/dZaAiHC #UKets #carbonmarkets #UKA #UKCarbonMarket

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Biodiversity loss poses economic and human risks. At CFA UK's May 22 conference on 'Driving Real Change' Federated Hermes Limited's Robert Hall will talk about the investment fundamentals of #naturalcapital and provide examples of how the firm invests in #nature-based solutions and nature-positive businesses. Register via https://lnkd.in/ewVAhtHR or https://bit.ly/3Umcqov. Notes Hall 'In order for this sector to scale, it needs to be made familiar'. He believes that shouldn't be too difficult as this is really another form of real asset investing, where 'the built asset isn't a building or a road, it's a natural habitat'. The novelty is its categorisation as an institutional asset class. Join us to hear Rob in a session moderated by fellow biodiversity investing expert Milliman's Nick Spencer.

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New blog out today responding to the ongoing Transition Finance Market Review and providing a set of recommendations on how to establish the UK as a global hub for #transitionfinance🏗 https://lnkd.in/ec2D4-da

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🌍 Just launched at #NZDS24: our new report, From Commitment to Action, reveals that tracked UK financial institutions have almost tripled their investment into clean-energy projects in just one year to $2.3bn in 2023. The rate of increase of investments into clean energy projects by UK financial institutions was the fastest across the five key global financial centres tracked in the study - the UK, the US, France, Germany, and Japan. These centres saw a 59% average increase in clean energy level project investments in 2023 compared to 2022. The findings also showed that transparency underpinning financial institutions’ net zero targets continues to improve. By 2023, half of the tracked UK institutions disclosing the level of portfolio coverage of their net zero targets had each set a target covering more than 70% of their invested assets. Produced jointly by Climate Policy Initiative and the City of London Corporation, From Commitment to Action assesses where financial services’ progress on the pathway to net zero has been strong, where it continues to fall short, and what this means for future climate action. Download the report now at https://lnkd.in/e2NDcmKK

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Lord Callanan, DESNZ minister for Energy Efficiency and Green Finance, speaking today at The Investment Association Sustainabilty & Responsible Investment conference in London. In amongst an interesting discussion, a couple of nuggets for policy geeks (even if specific dates are still missing): - UK Taxonomy consultation will be out soon - Also planning to consult shortly on transition planning disclosures - Green jobs action plan and report from Solar Energy Taskforce also coming. #TheInvestmentAssociation Isha Gupta | Rosalind Fergusson

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Welcome to this week’s round up of GAM Investments' Active Thinking: ⚡🌍 Decarbonising Europe – how net zero is energising European Equities – Niall Gallagher & Chris Legg ✂🍯 ECB cuts rates as expected, despite sticky inflation – Julian Howard Follow GAM Investments and subscribe to the newsletter for more insights: https://ow.ly/jTFe30sE3i6 #assetmanagement #investmentinsights #GAMNewsletter #GAMEuropeanEquities For professional investors only. Capital at risk.

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✨It’s that time of year again….results from our 4th review of ESG practices in the UK fiduciary management market is now out! Along with increased public scrutiny and regulatory pressure around the robustness of climate plans, we’ve seen the first climate reporting fine issued, and the release of guidance frameworks for nature, social factors and Transition Plans. 🔥 🌍 🌳 Nature and climate are intricately linked, and it has been positive to see an increased focus by several fiduciary managers on developing their approach to nature and biodiversity. A big thank you to our respondents this year. Want to know more?  Feel free to get in touch! 💌 William Compton Paul Kitson Priya Jassal Kevin Humpherson Russell Laver Jane Evans Yanlin Wu, FIA, CAIA Karina Brookes #ESG #esginvesting #climatechange #fiduciaryduty #investmentmanagement #definedbenefit #sustainablefinance #esgintegration #TCFD #sustainablefinance #FRC #stewardship #engagement #climatereporting #share #investment #research #riskmanagement #sustainability #investing #TNFD #biodiversity #TPR

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3 things I learned today while presenting C2Zero's #carbon cancellation service to the audience at techUK's decarbonisation showcase, hosted by ZEBOX: - It's been what I think they call a hot minute since I was in Manchester, but it is still *whispers* 𝘳𝘢𝘪𝘯𝘪𝘯𝘨 there - There are in the region of about 25 MILLION #decarbonisation solutions available to individuals and businesses that want to participate in the prevention of a #climate catastrophe; it doesn't have to be your core mission, but there's no excuse for doing nothing - I can still present to a crowd 🙋Want to see my presentation deck and learn more about carbon cancellation for yourself? Comment "Deck please!" and I'll get in touch to share a link 😲 Want the live presentation to you/your team in full (12 mins apparently!) by video call? - Cancel 200kg (or more) #CO2 through our platform (https://lnkd.in/euWP4imt) - Email me your carbon cancellation certificate and 3 preferred dates/times in July (c4s@c2zero.net)

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My Agency quadrupled Octopus Energy's talent reach. We actually “quintupled” it but that doesn’t have the same ring to it! For context, less than 2% of the energy industry is made up of black professionals. In 2021: Octopus Energy launched an internship programme to address the lack of diversity. They struggled to reach diverse talent, and the application pipeline was low. In 2023: They contacted Beyond Education (BE) to attract diverse talent for the internship programme. We only had THREE WEEKS to launch a talent attraction campaign. Results: 1️⃣ 100k+ Content Views → 500 Application Visits 2️⃣ 70 Virtual Event Signups → 35 Event Attendees 3️⃣ Intern Hires: London & Manchester→3 Full-time Hires 5️⃣ £25,000+ Recruitment Savings ↳No Recruitment Agency Needed! Most importantly, 100% diversity across the board! Impressed by these results, we became their go-to recruitment marketing agency in 2024 for diverse talent attraction all year round. Results so far for their 2024 internship programme: 1️⃣ 500k+ Content Views → 8300 applications visits 2️⃣ 378 Virtual Event Signups → 206 Event Attendees 3️⃣ Interns Attracted Across London & Manchester We have effectively 5x'ed their reach from 2023 to 2024, and based on last year's figures, one can only assume that this will result in significant recruitment savings. — I caught up with Olivia and Matt last week to discuss how we can replicate these results for experienced hire roles. I can’t wait to see what these stats look like at the end of the year 🤩 Looking for a reliable recruitment marketing function to help your talent teams hire diverse talent? Book a free talent attraction strategy call via the *book appointment* on this post.

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What role does engagement play in Paris-aligned investing strategies? For UK investment professionals only. In this video, John William Olsen, Fund Manager at M&G Investments, highlights the crucial role that active investee company engagements should play in investment strategies aiming to align with the goals of the Paris Agreement on climate change. Watch this video on our Impact hub and discover how to make an impact with John William Olsen: https://ow.ly/hEZy30sCK5k hashtag#SustainableInvesting hashtag#MarketingCommunication

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We are delighted to see our research into endgame options published by Institutional Asset Manager: https://lnkd.in/e5EreupQ To read the full research paper 'Strategies for winning the endgame' written by Arif Saad CFA and Panashe Bera FIA, visit: https://lnkd.in/erCgshn5 Capital at risk. For professional investors only. #FuduciaryManagement #Endgame #PensionSchemes

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Thank you to CFA UK for inviting me to speak at their annual Sustainability conference and to Oliver MacArthur, CFA for excellent moderation! With stiff competition from other concurrent sessions, I was very pleased to see a full room for my session on decarbonising infrastructure ☺️ I shouldn’t be surprised really - infrastructure is a very exciting asset class and even more so now, when it’s the cornerstone of the global transition to Net Zero. My session covered two main themes: 1) decarbonisation of hard to abate sectors and 2) investment in climate solutions. On the former, I talked about transitioning airports, with examples of scopes 1 and 2 emission reductions coming from electrifying ground vehicles and generating renewable energy through installing solar farms on disused airport land. For Scope 3 emissions, SAF plays a key role and there was a lot of interest in our work with GrainCorp to explore the creation of SAF refining industry in Australia, as well as the work of MAG (Airports Group) on SAF with Fulcrum BioEnergy, Inc. and their waste-to-fuel refinery. When it comes to climate solutions, we covered another one of our portfolio companies: GreenGasUSA and their exciting work on capturing methane emissions from waste streams and purifying it into pipeline quality renewable natural gas. With the number of questions I received during and after my session, we could have easily doubled my slot to 2 hours - something to consider for next year Will Goodhart? 😉 IFM Investors Luis Strengari Photo Credit: Arun Kelshiker CFA, CAIA #sustainability #infrastructure #energytransition #stewardship #climatesolutions #climatechange #netzero

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Just in. Our Q1 Public Engagement Report, explores carbon capture, utilisation and storage and the implications for companies relying on it to meet their net-zero emission targets. The report also covers how the growth of sustainable bonds has reinforced the case for credit engagement, and finally if Asian regulatory reforms are helping to improve corporate governance and unlock shareholder value across the region. Michael Benedict Yamoah, Shoa Hirosato, Ross Teverson, Haonan Wu https://bit.ly/49WmJ78

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Did you know there are currently 135,200 #HNWI’s with liquid investable wealth of USD 1 million or more living in Africa, along with 342 centi-millionaires and 21 dollar billionaires? Join us on Wednesday, 24 April, at 10:30 BST for a global webcast to unpack all of the key take outs and insights with the expert contributors to the 2024 Africa Wealth Report. Register here for the webinar: https://lnkd.in/e5mJus8J #africawealthreport #africa #investmentmigration #globalwebcast #henleypartners #henleyandpartners #henleyglobal

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👇 If introduced, Zonal Pricing would completely change the electricity pricing (and investment) landscape in the UK. Not on top of it? Check out our latest research below.

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