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To Kill or Not to Kill ESG

A recent post by Aswath Damodaran (which title is worth quoting: The Siren Song of Sustainability: The Theocratic Trifecta's Third Leg! no emphasis added)...

Why Companies Should Not Set Net-Zero Targets

by Matthew Smith, Strategy Lead, Sustainability Integration at Advisense Over the past few years, the number of private companies setting net-zero emissions goals by 2050...

Time for a Chemical Portfolio Audit

Remember plucky paralegal Erin Brockovich taking the Pacific Gas and Electric Company to the proverbial cleaners for contaminating the groundwater in Hinkley, California for...

Trust, Disclaimers and Carbon Credits

In last week’s column about the PRI in Person, the Snap touched on the contrast between the American tendency to make hyperbolic statements against...

Bioplastics and California Dreamin’

The plastic-obsessed Laundromat is always on the lookout for some good news on the ongoing crisis involving the ubiquitous but highly damaging material.  This...

Choose Your Words, CEOs!

Last week,  Stockholm appeals court ruled that former Swedbank CEO Birgitte Bonnesen was guilty of making misleading, financially damaging statements about the bank’s poor...

EVs, Treacle, and FUD

The journey towards sustainability is like wading through treacle.  As Al Gore, António Guterres and Fatih Birol keep loudly reminding us, the world has...

The Governance Dilemma

Governance isn’t typically the topic that makes the man on the street jump up and down with trepidation. Not so for sustainable investment professionals...

Why is Microsoft Buying CRUs?

At the beginning of August, I wrote an article about a reforestation-linked bond issued by the World Bank (WB). The security accomplished the interesting...

Quintet of Climate Hypocrites

It is July and things are relatively quiet in NordSIP’s hometown of Stockholm.  However, before long the ESG train will begin rolling again once...

A Beef With Degrowth

Stockholm (NordSIP) - Over the last several years, a range of proposals falling under the heading of “degrowth” have come to gain prominence in...

Godfathers of Climate Chaos

Is United Nations Secretary-General António Guterres a NordSIP subscriber?  Has he actually been reading all these Laundromat rants against greenwashing and climate denial?  We...

Arms Against Windmills

Just as I am getting ready to abandon the safe-media-haven of NordSIP, heading back towards the stormy waters of portfolio management, I stumble upon...

Gangster Tactics on Plastics

Bringing the bad guys into the room to help solve a problem can sometimes work.  There are many instances of reformed gangsters successfully working...

ExxonMobil Picks a Fight With Church

ExxonMobil has responded to a shareholder resolution on plastics with an astonishing attack on the filer and arguably the entire concept of shareholder democracy. ...

Too Hot for 55

Just as I was quietly celebrating my 55th birthday earlier this week, news broke about a proper celebration happening further south, at the European...

Sustainable Profit(eering)

The old magic mantra of ‘doing well by doing good’, allegedly coined by American founding father Benjamin Franklin, is still good as gold among...

Fossil Facilitators Face Fury

This week the Laundromat was tempted to publish a blank page signifying its speechlessness in the face of ExxonMobil CEO Darren Woods’ assertion that...

Recycling Woes

R.I.P. Re:NewCell! It hurts to see another poster-child sustainable solution company bite the dust. “I regret to inform that we have been forced to take this...

Corporate Swindles Repeated (CSR)

Corporate social responsibility (CSR) is a nice concept.  Companies make their money providing useful goods and services while being fine corporate citizens, taking care...

Burdened by the Law

Have you been following the recent CSDDD cliffhanger? For those of you not yet accustomed to the wonderful lingo of sustainable regulation acronyms, let me...

Swift Solution to the Climate Crisis

“World's first year-long breach of key 1.5C warming limit” reads the BBC News headline this morning.  Perhaps just as troubling are the two hyperlinks...

Criminal (ESG) Minds

Hurray! New Hampshire’s investment managers might, after all, avoid going to jail for acting as responsible investors. On 30 January, the New Hampshire House...

What Evil Lurks in Your ESG-Screened Portfolio?

The Laundromat has disappeared down a plastic-bottled-mineral-water rabbit hole. It started with plastic waste.  As the world focuses on reducing fossil fuel use in the...

Davos Calling

Hundreds of politicians, business leaders, and celebrities are yet again jam-packing snowy Davos for that annual meeting of minds and egos, the World Economic...

New Beginnings

As Nordic investors slowly emerge from several cosy weeks of Christmas languor and overindulgence, a sobering reality awaits. Double-digit sub-zero temperatures aside, the landscape...

Still, Sparkling or Plastic?

Another year, and Laundromat’s war against all things greenwashing continues.  Last year we explored bogus carbon neutrality claims, sportswashing and the impressive efforts of...

Biodiversity Bauble

Hurray! Sustainable communication wizard Jakob Trollbäck and his colleagues at The New Division, the very same team that devised the legendary wheel of the...

Mysteries and Pipe Dreams

“Sweden’s climate emissions both increased and decreased in 2022,” announced the Swedish Environmental Protection Agency (Naturvårdsverket), rather cryptically on 14 December. I don’t know...

COP28 by Numbers

“The COP28 venue will be closed on Thursday, 7 December. No official meetings will take place, no services will be available, and no deliveries...

Would You Like Fossil Fuels With That?

COP28 began today, Thursday 30 November with what seemed like a significant success.  The Loss and Damage fund moved from abstract concept towards reality,...

Dubai Visions

With the sun-kissed allure of Dubai calling out to climate champions this week, deviating from the conventional advent celebrations appears to be a straightforward...

IEA Hammers Big Oil With Hard Facts

NordSIP’s Laundromat listened attentively to the International Energy Agency’s (IEA) webcast today, 23 November 2023, during which they perfectly encapsulate the absurd dilemma of...

Dystopian (Non) Fiction

“The whole world is clinging to the handrails on a boat that is lurching through increasingly turbulent seas. Nobody is safe.” Unfortunately, the dramatic...

Put your Money Where your Mouth is!

Stockholm (NordSIP) – Here we go again.  The familiar whiff of panic, the series of last-minute preparatory meetings, and the persistent disagreements over fundamental...

The Disappointed Professor

Earlier this week, at gatherings for representatives of the Swedish sustainability community, I couldn’t help but notice the nervous anticipation and foreboding in the...