Sumary of Savers CAN go green without going broke:
- As the crucial Cop26 climate change summit in Glasgow approaches, the questions are multiplying.
- Can the Government cajole the nation to drive electric cars and embrace other energy-saving measures to stop global temperatures rising?
- Recent floods and storms highlight the impact of global warming and are making more people consider investments that cut carbon dioxide emissions.
- The move into the area is being fuelled by concern over these issues – and the belief that change for the better could be lucrative.
- Liontrust last month failed to reach its £100m target for the launch of a new ESG investment trust, despite the group’s record of good performance.
- These groups have ambitious carbon reduction goals, meaning they score highly on some of the multiplicity of ESG metrics.
- Declining to work with a controversial business like Rio Tinto, for example, would potentially result in ‘poorer mining standards, more environmental damage, and slower progress towards the low-carbon economy we all need’.
- The Cop26 summit, which starts on October 31, has been described as an inflection point in the progress to a net zero target.