Compilation of thought-provoking climate blogs
Here’s a good item to read from Harald Walkate about this excellent compilation:
I’m pleased to report that the series of climate blogs that I guest edited for European Corporate Governance Institute (ECGI) in ’23 has now been bundled in an easily accessible pdf. A good reason for me to reread these contributions and my own Editors Note.
However, this reading suggests that much of the daily practice or thinking about climate change in corporate and investor circles is (still) out of-sync with the conclusions many blogs reach, as I conclude in my Editors Note.
Below are some of the questions addressed in the series, with brief answers. I hope you take the time to read the full series and grapple with the longer answers. [And if you’d like to have a more in-depth discussion about the implications for companies or investors, you know where to find me.]
1. What can we expect from climate-related disclosures? (Our expectations should be modest)
2. Are disclosure-based approaches the most effective way to drive change or are they a distraction from alternative solutions? (Probably not, and quite possibly)
3. Is the best way to engage with energy companies to insist they ‘pivot’ (to renewables) or ‘run down’? (Often it will be the latter)
4. Are scope 3 emissions a good risk indicator? Does measuring emissions result in reducing them? (Both: no).