(The New York Times) Russia’s invasion of Ukraine has upset the world order. It could conceivably alter the way some people think about investing, too. At least that’s the view of two analysts with Citi, who argue that the height of social responsibility at this moment requires putting your investment money into the stocks of…

(Canary Media) Grid storage investment is surging worldwide, but the U.S. has emerged as the undisputed global leader — for now. Energy storage allows the electrical grid to balance supply and demand. More importantly for countries’ climate goals, it also transforms super-cheap but intermittent wind and solar power into a still-cheap but more reliable resource. Almost all…

(Vice) The call for an investigation follows findings that Amazon could be illegally punishing and terminating employees for taking legally protected time off. They say Amazon’s ‘no fault’ attendance policy, one that punishes workers regardless of the reason for their absence, appears to have taken effect in October 2021, and could be violating the Americans…

(UN Environment Programme, Finance Initiative) This week the Intergovernmental Panel on Climate Change (IPCC) launched the second part of its 6th Assessment Report, drawing on seven years of research from peer-reviewed scientists. The report provides an alarming summary of the increasingly devastating impacts of climate change on societies and economies, their vulnerabilities and how we…

(Forbes) If anything, for a large portion of the institutional investor community this high price market for oil and gas might represent an opportunity to accelerate getting out of the sector rather than jumping back in. I know several endowment managers, for example, who have been slowly transitioning out of fossil fuel holdings rather than…

(The Hill) A bipartisan coalition of attorneys general are investigating TikTok’s impact on the well-being of children, the group announced Wednesday.  The attorneys general will investigate if the popular video sharing app violated state consumer protection laws and put the public at risk.  This follows an investigation launched by the same group of attorneys general in November…

(Quartz) The impacts of climate change are here today, are worse than scientists expected, and no government or company is doing enough to adapt to them. That’s according to a new report from the Intergovernmental Panel on Climate Change (IPCC), released today (Feb. 28). In some cases, the report warns, policies and infrastructure intended to mitigate these…

(The Wall Street Journal) U.S. tech giants are under pressure from both Russia and the West to respond to the conflict in Ukraine, highlighting their power over global discourse but also escalating a recent trend in which their businesses are squeezed by geopolitical events. Analysts say the conflict could accelerate the fracturing of the internet,…

(LinkedIn) This movement became more mainstream just under ten years ago. At this time, the entry of several large players gave the socially conscious business and investment movement the tailwind it lacked. Players like Bain Capital and then TPG Capital launched impact-focused funds. Larry Fink, CEO of Blackrock, issued his first statement on stakeholder capitalism,…

(Financial Times) Environmental, social and governance investing has been a source of huge growth for the asset management industry in recent years. It could soon become a source of big problems. Industry insiders are starting to worry that some of the overly optimistic or misleading ESG claims that have been made in fund documents and…