How much can financiers do about climate change?
The role that green investing can play must not be misunderstood or overstated
IN THE MAYFAIR office of Chris Hohn, the boss of TCI, a hedge fund, an enormous photograph of a melting iceberg hangs on one wall. Robert Gibbins, the founder of Autonomy Capital, another London hedge fund, says his desk is adorned with the deformed remains of a car bumper, melted by an Australian wildfire. An interest in modish office decor is a long-standing feature of high finance. An interest in climate change, though, was until recently rare; the preserve of boutique investment houses and pokey back offices in the large asset managers. Now it is all the rage.
This article appeared in the Briefing section of the print edition under the headline “Hotting up”
From the June 20th 2020 edition
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