COP26: A reality check on ESG — the UK is behind the curve

With the clock ticking down to COP26, it’s been hard in the past months to avoid the noise around ESG and sustainable finance. On one side, the banking and finance industry has been busy arguing that it is on the side of the angels when it comes to climate change and that ESG investment and green finance will save the planet. And on the other, NGOs and other sceptics (like Al Gore) have been busy arguing that a lot of this is ‘greenwash’ and that the industry is still happily financing companies that have done a good job at causing this problem in the first place.

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