A thread on why #ESG +ethical #capitalism is going to define so much of #2020

- from the #CityofLondon + your pension fund, to #COP26
- #ESG + consequential actions, not #divestment, is the weapon in combatting #climatechange 1/ ftadviser.com/pensions/2019/…
In October 2019 the #ESG = Environment,Social, and Governance regs, which passed through @HouseofCommons on a x party basis a year earlier, became law: put simply they require investment to take due account of climate risk. More explanation here ⬇️ 2/
These last 7 days have shown how we are driving forward #ESG: - meetings with 100 pension trustees + asset managers in the city of London, discussions with Mark #Carney / #BankofEngland, the @AmntOrg +@UKSIF ⏩ pressure for the UK to comply with ESG 3/ google.co.uk/amp/s/www.city…
But there is real change:
From the @churchofengland to individual fund managers to @nestpensions who I met with on Tuesday, there is a change in investment policy by pension funds to a below 2 degree, net zero by 2050 world 4/. churchofengland.org/more/media-cen…
Two campaigns will dominate 2020 + drive forward #ESG =
- #TCFD = more transparent disclosure of the investments made on your behalf and
- #Makemymoneymatter, led by Richard Curtis + a v capable team, which launches April 5/:
And do not underestimate the power of #COP26 in November 2020: - the commitment of the @10DowningStreet is clear on this issue from this weeks launch, and the recent appointment of Mark Carney by the PM is crucial to real change 6/: bankofengland.co.uk/news/2020/janu…
But we finish on #Divestment or ethical #Capitalism?
Who will create a green industrial revolution? Divestment fixes nothing.

Govt has a big role ... but it will be business that =key in getting us to net zero by 2050. This means Shell, BP etc have a big role to play 7/
I,for one, am an optimist that the UK ...with ESG driven ethical #Capitalism, + our pension funds / asset managers changing their approach can get us to #netzero.
2020 from #COP26 to a changing investment approach will tell us a lot more 8/

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More from @GuyOpperman

8 Apr
Thread on why Google can no longer be trusted, as they don’t vet their advertisers 1/
People are being scammed by crooks because they are being deceived by cloned investment sites, advertised mostly on Google, but to a lesser degree on Facebook, Instagram, Linkedin. They think they are accessing a legitimate investment company. Sadly for many they are not 2/
Google could fix this problem literally tomorrow:
they simply need to verify the advertiser before taking their money. It would cost. But then again in 2019 the parent company allegedly made $89 Billion profit 3/
Read 6 tweets
31 Dec 20
1/ The @MHRAgovuk have been conducting a rolling review of trial data since July.

This has allowed regulators to be agile and assess the vaccine’s safety and efficacy on a rolling basis.
2/ The chimpanzee adenoviral vector was used in the development of MERS and SARS vaccines.

Clinical trials had already proved safety and a strong immune response before COVID-19 existed 👇

Read 10 tweets
17 Sep 20
Last week 7 North East Local Authorities including @N_landCouncil wrote to the Government requesting local action due to a rise in Coronavirus cases.

From midnight tonight, new restrictions will be in place in Northumberland to try and stop the local rise in cases.
These restrictions include:

🔴 No socialising with people outside your household (or support bubble).

🔴 Pubs and restaurants will be table service only.

🔴 Hospitality and leisure venues will need to close between 10pm – 5am.
It's still important we all continue to remember the basis:

🧼 Wash your hands

😷Cover your face in public places

↔️ Stay apart from others
Read 5 tweets
22 Aug 20
Sadly the #NationalTrust is becoming a joke.

As #Hexham MP I want reform of this, once great, organisation.

A thread on:
- their redundancy plan 🪓
- their £1Billion+ assets 🆙
- and 4 yr failures of local #Northumberland treasures 🚂🚂🚂 1/ ⬇️ google.co.uk/amp/s/www.chro…
Their recent disaster is their plan to dismiss their experts 2/:

This latest approach is consistent with poor behaviour of the #NationalTrust for years, as my constituents know.

They closed #Stephenson’s birthplace in #Wylam in 2017 without any consultation + have shown no intention to reopen.

And they have over £1Billion + in the bank 3/
Read 7 tweets
1 Jul 20
Sadly, just over a week ago we lost our twin boys

Teddy came and went from this world quickly and quietly. He passed peacefully. Our younger twin, Rafe, was not born until Tuesday 23, but died later that day in NeoNatal ICU.
Baby loss, and coping with grief, is very hard 1/ Quote over picture of a dar...
Nothing we could do. Just a horrible tragedy. We emerged from hospital a week ago shell shocked. We have taken some time out to recover. I am back at work part time, but bear with me. We will come through this, but will always miss our boys. Cards are fine, but pls no flowers 2/
The loss of our younger twin Rafe was particularly acute. He lived and died within a long day. But we treasure our time with him in Neonatal ICU. We were able to tell him of all our hopes and dreams for him, and our family; but he could not make it and died in Flora’s arms 3/
Read 6 tweets
12 May 20
Thread on the sliding scale between #Covid19 lockdown and relative normality ⬇️

We all have to play our part in making this work.

I have published the key details on my blog 1/ guyopperman.blogspot.com/2020/05/corona…
After 6 weeks of lockdown. the PM @BorisJohnson gave a TV address, and @10DowningStreet published a detailed 60 page plan outlining our #COVID19 recovery strategy
The full plan is here 2/: gov.uk/government/pub…
From Wednesday, you can now:
🧔↔️👩 Meet one other person from a different household outdoors - staying 2m apart.
🏃‍♀️ Exercise outdoors as often as you wish.
🎾 Use outdoor sports facilities with members of your household or one other person.
🌱 Go to a garden centre 3/
Read 6 tweets

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