HSBC weakens 2030 emissions targets.

Investors press FTSE 100 to create and vote on credible climate transition plans.

The case for not re-nationalising Thames Water - or any other water company - and why public listing & capital markets demand more rigour than any UK government or local authority ever can or will.

#SusDilemma: #EU lawmakers deeply divided over commitment to restore #marine & #land areas degraded by human activity. Lobbyists argue it will harm #food production and farming & fishing livelihoods. | @TheEconomist (espresso/12-Jul-23).

$2.8trn, the estimated amount poor countries will need to spend a year in order to reduce #CO2 emissions and protect their economies. Read the full story. | @TheEconomist.

P&G was a pioneer of Life Cycle Analysis (#LCA) : to ID the carbon impact of products across value chains & target sust'ability innov'tn in balance with product perf'mance & value. Does it account for impact complexity eg. water quality, biodiversity loss?.

In latest #UK Gov. #CCC report Lord Deben states that early action benefits #UK to meet #NetZero challenges more cheaply & easily. Yet UK Gov. has been too slow to embrace cleaner, cheaper alternatives & too keen to support new prod'ctn of coal, oil & gas.

“Today’s economy is divisive and degenerative by default. Tomorrow’s economy must be distributive and regenerative by design.” | #DoughnutEconomics @KateRaworth @guardian.

"The reason we haven’t built a fairer, less destructive economy is not because of a failure to tell a better story. change is not the product of new ideas so much as a political struggle to impose ideas upon the world." | @guardian @KateRaworth.

'A majority of #marketing professionals feel they need to be braver & clearer in how they communicate #sustainability to avoid #greenwashing, but few within the industry feel they have the capacity or knowledge to do so.' | @edie.

#Management is largely a practice, not a science or a profession, its essence hardly changes. (Henry Mintzberg/28-Apr-16) | @Mintzberg141.

Strong case made in @HBR for why business leaders must resist anti-ESG/woke pressure in the US. | @AndrewWinston.

Establishing a #GreenBank to finance the #GreatTransition to #NetZero will face challenges similar to those of the World Bank. Will the market outpace more efficiently?: c.25% global CO2 emissions already covered by some form of carbon pricing.

UN Gen. Assembly adopted a resolution to seek a legal opinion from the ICJ about the consequences for countries failing to meet their climate change obligations. PM of Vanuatu, that pushed for the resolution, called it a “win for climate justice”. | @TheEconomist Espresso 30/3/23.

With increasing regulation in support of #NetZero & #GHG emissions reduction, the defensive practice of business #greenhushing will backfire. It increases business risk & there will be "nowhere to hide". | @edie.

Suspension of Stuart Kirk as Head of Responsible Investing earlier this year marked a restatement of HSBC's intention to lead the sector in its commitment to net-zero - as posted by CEO Noel Quinn on LinkedIn.

From take-make-waste to the #circulareconomy model: Janet Anderson outlines a history & current status of the movement for sustainable production/consumption. | @RolandBerger .

Global survey of 1,325 CEOs by KPMG shows current conditions affecting ESG-related programmes. Financial constraints & lack of in-house skills preventing progress for most. 34% have paused plans for 12 mths ahead, 50% expect so within 6 mths. | @edie.

John Lewis Partnership unveils ‘plan for nature’ incl. landmark #netzero farm pilot project. Also, initial £2m investment for WWF towards nature protection & regeneration projects in UK & India - key sourcing regions for JLP. | @JohnLewisRetail @WWF @edie.

John Kay explains why UK government focus on growth should not make 'competitiveness' a goal of @TheFCA. The risk is a regulatory race to the bottom. The consequences in 2007-08 were the banking crisis & Great Recession. | @ProfJohnKay @FT.