logo
episode-header-image
Feb 2024
11m 43s

Asset managers cool on climate group

Financial Times
About this episode

European Commision president Ursula von der Leyen says Europe’s military needs to step up and two of the world’s biggest asset managers are quitting an investor group set up to prod companies over global warming. Plus, big food companies are jumping into new farming practices meant to store carbon underground, but there are significant hurdles. 


Mentioned in this podcast:

Von der Leyen calls on EU to subsidise defence production

JPMorgan and State Street quit climate group as BlackRock scales back

The dubious climate gains of turning soil into a carbon sink

Hedge fund stampede into cocoa futures fuels record price spike


The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com


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

Up next
Yesterday
The Bethlehem Project: American identity after 250 years
The US celebrated its 250th anniversary this month during a very politically divided era. The FT’s Sonja Hutson went to a block party on Bethlehem, Pennsylvania’s main street to ask locals what they think it means to be an American in 2026. Do they feel like the country shares a ... Show More
19m 13s
Jul 17
Andy Burnham ghosts the UK business community
Netflix’s shares fell more than 8 per cent on Thursday despite as-expected earnings after the streaming giant forecast its worst revenue growth in three years, and incoming UK prime minister Andy Burnham is leaving phone calls from the country’s business community unanswered. Plu ... Show More
11m 13s
Jul 16
Is China’s economic slowdown here to stay?
Energy companies going public are raising money at their fastest pace this century and China’s growth rate is at its lowest in decades, according to the country’s latest GDP numbers. Plus, oil traders are worried that crude supplies are running low, and the US state department is ... Show More
10m 59s
Recommended Episodes
Sep 2023
EV Power Play, Game Changing Oil Find & CBI 'Cash Crunch'
On today's podcast: (1) The EU's Ursula von der Leyen tells Bloomberg China's massive EV subsidies need to be investigated. (2) Rishi Sunak considers pushing back the 2030 ban on new petrol and diesel cars. (3) The CBI calls off its AGM at the last minute, amid 'cash-flow challen ... Show More
16m 52s
Jul 2025
Boiling in Brussels: Climate fights and Orbán vs. Pride
Europe baked, the Atomium shut early — and Brussels finally unveiled its long-delayed climate target. Host Sarah Wheaton speaks with POLITICO Climate Reporter Louise Guillot, Chief Foreign Affairs Correspondent Nick Vinocur and EU Politics Reporter Max Griera about the EU’s new 2 ... Show More
38m 17s
Mar 2024
Farmers lead the EU climate backlash
As EU leaders received a stark warning about the climate risks facing the bloc, the European Commission caved to farmer protests and demands to slash environmental requirements. Host Sarah Wheaton talks to POLITICO's climate policy reporter Zia Weise about the recent report on cl ... Show More
37m 22s
Dec 2023
UN climate talks get off to a fast start
Countries kicked off this year’s United Nations climate summit with an agreement to create a loss and damage fund, which would help developing nations recover and rebuild from the impacts of climate change. But a separate deal to phase out fossil fuels is in trouble. POLITICO’s S ... Show More
8m 29s
Nov 2021
Climate, migration and Democratic crises
World leaders from over 100 countries have descended on Glasgow for the climate summit. Cop26 is billed by host Boris Johnson as the ‘last chance’ to limit global warming to 1.5C. Are headline-grabbing pledges to reduce methane emissions and end deforestation realistic? Emily Tam ... Show More
28m 21s
Dec 2023
Wall Street CEOs Anger, Sunak Loses Minister & Egypt's Growing Leverage
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The heads of Wall Street's biggest banks took their most direct swing yet at Washington's plans to force them to set aside more cash as a buffer against losses. (2)  Senate Republicans b ... Show More
17m 10s
Sep 2025
The world commits to new climate goals without the U.S.
More than a hundred countries have committed to fresh plans to curb pollution, with one big holdout: the U.S.NPR's Andrew Limbong speaks with the EU Commissioner for Climate, Wopke Hoekstra, about how global leaders are moving forward on climate goals with the U.S. on the sidelin ... Show More
9m 11s