⏳One hour to go until our evidence session on #decarbonisation and #GreenFinance.
We'll hear from:
✅Saker Nusseibeh @FedHermesIntl
✅Sandra Boss @blackrock
✅@huwevans71
✅@stevewaygood
📺Watch it live at 2.30pm here👇
parliamentlive.tv/Event/Index/d0…
We'll hear from:
✅Saker Nusseibeh @FedHermesIntl
✅Sandra Boss @blackrock
✅@huwevans71
✅@stevewaygood
📺Watch it live at 2.30pm here👇
parliamentlive.tv/Event/Index/d0…
We're underway with our evidence session on #decarbonisation and #GreenFinance.
📺Watch it live here👇
parliamentlive.tv/Event/Index/d0…
📺Watch it live here👇
parliamentlive.tv/Event/Index/d0…
.@stevewaygood from Aviva Investors told us that climate change is the world's biggest market failure.
Sandra Boss from @blackrock told us that #coronavirus has triggered a push into sustainable investments.
Asked by @hbaldwin how aware consumers are of sustainable options, she said that whilst many are in default funds, more consumers are now aware of the issues.
Asked by @hbaldwin how aware consumers are of sustainable options, she said that whilst many are in default funds, more consumers are now aware of the issues.
.@huwevans71 told us that he hopes the Pensions Dashboard will increase consumer engagement and provide more opportunity to engage with their pension investments.
@stevewaygood added that an app that would allow consumers to see what is in their pension would be exciting.
@stevewaygood added that an app that would allow consumers to see what is in their pension would be exciting.
.@FelicityBuchan asks why only 2.5% of insurance assets are invested in infrastructure?
@huwevans71 says that Solvency II is a straitjacket on the insurance industry's ability to invest more widely in long-term assets that are safe for consumers.
@huwevans71 says that Solvency II is a straitjacket on the insurance industry's ability to invest more widely in long-term assets that are safe for consumers.
Sandra Boss from @blackrock said that the UK should offer green gilts as investors are really seeking this product.
She added that France🇫🇷 has issued £25bn of green gilts.
She added that France🇫🇷 has issued £25bn of green gilts.
Is what you're doing enough to save the world?
@stevewaygood tells us that even with all of us working together, it's not enough to replace Government action.
@stevewaygood tells us that even with all of us working together, it's not enough to replace Government action.
Asked by @MikeHillMP when asset managers will cease funding oil and gas, Sandra Boss from @blackrock told us that most clients think that oil and gas companies can transition towards a more sustainable future.
.@stevewaygood told us that Aviva considers climate risk to be an existential risk.
He added that Aviva has called for the Government to send a remit letter to @TheFCA making it explicitly clear that climate change risk should be part of its mandate.
He added that Aviva has called for the Government to send a remit letter to @TheFCA making it explicitly clear that climate change risk should be part of its mandate.
That's all for our evidence session today on #decarbonisation and #GreenFinance.
Many thanks to all of our witnesses for taking part.
📺You can watch the session on demand here👇
parliamentlive.tv/Event/Index/d0…
Many thanks to all of our witnesses for taking part.
📺You can watch the session on demand here👇
parliamentlive.tv/Event/Index/d0…
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