While activist environmental group Extinction Rebellion (XR) took to the streets demanding an end to new fossil fuel financing, ESG Clarity caught up with supporters to discuss how such a green transition would look.
In this video, XR supporters discuss the role of the investment community in the green transition. Climate columnist for The Independent, Donnachadh McCarthy (pictured), explains why targeting banks is more effective than divesting shares.
See also: – A fight for life: Extinction Rebellion’s message for business leaders
And ex-investment banker and founder of COP26 Climate Action Plan, Chidi Oti-Obihara, argues the risk methodology applied by The City to investments must also be applied to the planet.