How and why ESG is becoming business as usual
03/30/21 • 21 min
1 Listener
In this bonus episode, Ashurst partner Anna-Marie Slot chats with Responsible Risk Ltd founder Richard Peers about the past, present and future of sustainable finance.
Peers emphasises that the capability now exists to increase transparency in the circular economy. “We need to put a sort of vaccine shot in the arm of our response to data needs for climate change by bringing in satellite and sensor data, normalising it and making it available so that really good risk decisions can be made,” he says.
Peers also explains how there needs to be a virtuous circle of consumer demand influencing policy change influencing corporate action. He also discusses recent data indicating that ethical organisations deliver better returns for investors. Ten years from now, Peers suggests, sustainable finance and ESG will be embedded in every investment decision that is made.
Find out more about our podcast channels on Ashurst.com/podcasts
The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions.
See omnystudio.com/listener for privacy information.
In this bonus episode, Ashurst partner Anna-Marie Slot chats with Responsible Risk Ltd founder Richard Peers about the past, present and future of sustainable finance.
Peers emphasises that the capability now exists to increase transparency in the circular economy. “We need to put a sort of vaccine shot in the arm of our response to data needs for climate change by bringing in satellite and sensor data, normalising it and making it available so that really good risk decisions can be made,” he says.
Peers also explains how there needs to be a virtuous circle of consumer demand influencing policy change influencing corporate action. He also discusses recent data indicating that ethical organisations deliver better returns for investors. Ten years from now, Peers suggests, sustainable finance and ESG will be embedded in every investment decision that is made.
Find out more about our podcast channels on Ashurst.com/podcasts
The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions.
See omnystudio.com/listener for privacy information.
Previous Episode
Episode 5: Joining forces to achieve sustainable goals
Based at HSBC in Hong Kong, Wai-Shin Chan is proudly “the geek on the team” advising on ESG integration for the bank and also for businesses, economies, and societies more broadly. He is Global Head of the HSBC Climate Change Centre of Excellence and Global Co-Head of ESG Research.
Chan discusses how investors, corporations and regulators need to work in tandem to implement sustainable goals – and communicate their plans so that stakeholders understand what this means for them. He also emphasises that ESG must be embedded deeply within corporate and investor decision-making.
“It’s all very well having a pledge, but implementing that pledge is much more difficult,” says Chan. “We’ve seen a lot of net zero plans from corporates and countries that actually don’t come with any details at all.”
In this illuminating episode, Chan also reflects on carbon offsets, the accuracy of carbon accounting, avoiding greenwashing and rainbow washing, and how business is entering “the phase of climate integrity” where targets and results are scrutinised more than ever before.
This is the fifth episode in our 30 For Net Zero 30 series. In each episode, Ashurst partner Anna-Marie Slot speaks with climate action champions across the globe about real steps to take now towards 2030 goals.
Find out more about our podcast channels on Ashurst.com/podcasts
The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions.
See omnystudio.com/listener for privacy information.
Next Episode
ESG hits the front pages
In this bonus episode, Ashurst partner Anna-Marie Slot chats with Patrick Temple-West from The Financial Times in New York.
Patrick recounts his journey as a reporter and the shift he’s seen from ESG being dismissed as PR spin to it being taken more seriously in business, media and politics. He describes how shareholder voices on ESG are forcing businesses to act and editors to pay attention.
As a journalist, Patrick applies a healthy dose of scepticism when businesses make bold claims about their ESG credentials. In our podcast, he talks about seeking out specific actions that back up these claims, including the “pinch points” where institutions accept short-term downsides, in order to achieve long-term ESG targets and benefits.
Patrick also highlights the big stories he’ll be following and reporting on this year, and he explains why the ‘G’ in ESG could grab the most headlines.
Find out more about our podcast channels on Ashurst.com/podcasts
The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions.
See omnystudio.com/listener for privacy information.
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