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
Today
Google closes in on Nvidia in the AI race
<p>Google’s parent company got close to a record $4tn market capitalisation, and more than $1tn has been wiped from the cryptocurrency market in the past six weeks. Plus, US consumers aren’t feeling too merry ahead of the holidays, and the UK prepares for its long-awaited Budget ... Show More
10m 50s
Yesterday
How Ireland became the weak spot in Europe’s defences
<p>Traders are piling into bets that Wednesday’s UK Budget will push the pound lower against the dollar, and the pharmaceutical industry saw some promising — and not so promising — clinical trial results. Plus, US tech stocks leapt on Monday and Ireland’s military neutrality has ... Show More
10m 26s
Nov 24
The scramble for a Ukraine peace deal
<p>US pressure on Ukraine and its allies to agree a peace deal with Russia ignites fresh concern in Europe, and the US has officially designated Venezuela’s “Cartel of the Suns” a terror group. Plus, Europe looks to increase investment rules to stand up to China, and a look at wh ... Show More
12m 27s
Recommended Episodes
Oct 2021
Climate Actually
We’re just a podcast, sitting in front of Richard Curtis, asking him some questions. The rom-com hitmaker – famous for Four Weddings, Notting Hill and Love Actually – joins us to talk about the environment and why your choice of pension matters for the planet.The world is gatheri ... Show More
37m 54s
Aug 2023
Inside the industry that made climate denial work
<p>True crime is one of the most popular genres in every form of storytelling. But can that pull be used to tell stories about the environment? This week, Akshat speaks with Amy Westervelt, a climate reporter for over twenty years, and the creator of the podcast <em>Drilled</em> ... Show More
36m 43s
Jan 2021
Meet Your New Climate Czar
Gina McCarthy will serve as the first-ever National Climate Advisor, heading up the newly formed White House Office of Domestic Climate Policy. So, who is she? We spent time with her before the nomination and talked about her relentless fight to link environmental policy with pub ... Show More
48m 50s
Mar 2023
Can investors change an oil company from within?
<p>Some oil and gas giants are being pushed by shareholders to adopt more climate friendly strategies. </p><p>An environmental law charity is suing the directors of a global oil company, arguing their climate strategy is not adequate to meet current targets, supported by other sh ... Show More
27m 39s
Nov 2020
How Much Does the President Matter for the Climate?
When it comes to climate change, it can feel like our future hangs in the balance of this presidential election in the U.S. But how much does the president really matter? And how can climate action move forward regardless of who wins? This week, Alex and Ayana talk with Abigail D ... Show More
48m 56s
Nov 2022
COP Heavy
World leaders gather in Egypt and UN chief warns of “climate hell”.Adam is joined by Chris from the COP27 climate conference in Sharm el-Sheikh to discuss Rishi Sunak’s first international outing since becoming prime minister. They untangle the day’s diplomacy with climate scient ... Show More
31m 29s