logo
episode-header-image
Oct 2022
16m 40s

How Republicans weaponised climate inves...

Financial Times
About this episode

US Republicans are picking a fight with some major financial institutions over ESG, or environmental, social and governance investing. That means considering things such as climate risks, labour issues and board diversity when choosing investment funds. The FT’s corporate governance reporter Patrick Temple-West explains why Republicans are upset and what this backlash might mean for the future of ESG.


Clips from Fox News, CNBC


- - - - - - - - - - - - - - - - - - - - - - - - - - 


For further reading:

US Republicans pull $1bn from BlackRock over ESG investing concerns

BlackRock: ESG tightrope is hard to navigate

Making funding flows fair: Must ESG be bad news for emerging markets?

Greenwashing faces fresh curbs in UK regulator’s crackdown


- - - - - - - - - - - - - - - - - - - - - - - - - - 


On Twitter, follow Patrick Temple-West (@Temple_West) and Michela Tindera (@mtindera07) 


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Up next
Jul 15
The financial crash that created Britain’s first prime minister
When the South Sea Bubble burst in 1720, it wiped out fortunes and plunged Britain into its first great stock market crisis. The collapse of the South Sea Company, a government-backed scheme that promised to turn national debt into riches, left the country's finances in disarray ... Show More
38m 48s
Jul 8
South Sea Bubble: the shoemaker’s son who sparked Britain’s first financial crisis
In 1720, the South Sea Company was one of the most valuable businesses in Britain until a spectacular collapse in its publicly traded shares triggered the country’s first major stock market crisis. At the centre of the story was John Blunt, a shoemaker’s son who rose through the ... Show More
52m 23s
Jul 1
The 1980s Garfield buyout that changed corporate finance
William E Simon was a bond trader-turned US cabinet secretary under President Richard Nixon. He was also abrasive, polarising and the “father of private equity”, according to Hettie O’Brien, author of The Asset Class: How Private Equity Turned Capitalism Against Itself. She tells ... Show More
55m 27s
Recommended Episodes
Mar 2023
What Is E.S.G., and Why Are Republicans So Mad About It?
<p>The principle behind E.S.G. is that investors should look beyond just whether a company can make a profit and take into account other factors, such as its environmental impact and action on social issues.</p><p>But critics of that investment strategy, mostly Republicans, say t ... Show More
27m 5s
Jan 2024
Conservatives vs. ESG
Robert Netzly is an Evangelical Christian trying to realize his values and stay true to his own beliefs while working in investing – and he personifies a bigger war going on in the investment world and American politics over a little acronym called ESG. In the last year, there’s ... Show More
41m 33s
Jul 2023
Is ethical investing a sham?
Republican presidential candidates have a bone to pick with ESG investments. So does James Surowiecki, contributing writer at The Atlantic. This episode was produced by Jon Ehrens, edited by Amina Al-Sadi, fact-checked by Laura Bullard, engineered by Michael Raphael with help fro ... Show More
25m 50s
Jun 2022
The Changing Future of ESG Investing
Today, we’re following the money. Where does investment go in order to build a zero-carbon future? Where does the money get used, and where does it not?This week Ed is joined by Emily Chasan, Director of Communications at Generate Capital, and Shanu Mathew, Vice-President of Sust ... Show More
54m 45s
Aug 2023
Financial News - What Is Driving the Anti-ESG Backlash?
Financial News’s ESG and careers correspondent Kristen McGachey talks with Desiree Fixler, former head of sustainability at DWS, and Tariq Fancy, founder of The Rumie Initiative and ex-BlackRock exec, about the anti-ESG backlash in the US and whether this could happen in the UK a ... Show More
43m 43s
Aug 2023
An Insider's Look At ESG Revisited
<p>Republican presidential candidates, such as Ron DeSantis and Vivek Ramaswamy, continue to keep ESG in the national conversation. Ramaswamy in particular called it "woke capitalism" in his book and on our podcast. As we take our summer break, we decided to re-release our conver ... Show More
52m 16s
Listen to millions of songs and podcasts on Anghami