#Bestof2022: In a Bear Market: 1/2: #Climate: The limits of ESG investing; & What is to be done? Terry Anderson, Hoover Institution Senior Fellow.(Originally posted June 14, 2022
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John Batchelor
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🗓️ 8 May 2023
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#Bestof2022: In a Bear Market: 2/2: #Climate: The limits of ESG investing; & What is to be done? Terry Anderson, Hoover Institution Senior Fellow.(Originally posted June 14, 2022)
https://www.ft.com/content/30dd4235-ab6a-4717-9764-7a08c1173dcf
Terry Anderson, @HooverInst, Hoover Institution senior Fellow; founder and past president, PERC, The Property and Environment Research Center, Montana
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| 0:00.0 | Elevate your summer nights |
| 0:02.6 | with all the indulgence of the new Magnum Double Star Chaser |
| 0:07.2 | with cracking chocolate, popcorn flavor |
| 0:11.4 | and rich caramel sauce for the night. Pleasure is always on. |
| 0:16.8 | Magnum, true to pleasure. |
| 0:24.8 | This is CBS, I am the world. I'm John Bachelor. |
| 0:28.0 | ESG, ESG investing, dominating the conversation in the financial world. |
| 0:34.0 | Because right now the concern is, are we doing enough |
| 0:39.4 | to prevent climate change, disastrous climate change? |
| 0:43.2 | Is the challenge? |
| 0:45.2 | Recently, an event called a moral money summit in London |
| 0:51.2 | featured a speaker, Stuart Kirk of HSBC Asset Management. |
| 0:56.0 | He's the head or was the head of responsible investing. |
| 0:59.4 | Mr. Kirk has a sense of humor that was not appreciated at this conference. |
| 1:04.0 | One remark and it's hard to believe |
| 1:06.4 | if somebody wouldn't regard this as funny. |
| 1:09.0 | There's always some nut job telling me about the end of the world. |
| 1:13.2 | For that, Mr. Kirk was chastised and relieved of his post |
| 1:17.5 | and is now not heard from regularly, |
| 1:21.2 | but it's just a few weeks. |
| 1:22.5 | And so what he will do is make a return and explain to us |
| 1:27.1 | what it is to be head of responsible investing at a major bank. |
... |
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