This special interest group is for professionals to connect and discuss all types of carbon-free power alternatives, including nuclear, renewable, tidal and more.

Podcast / Audio

62. ESG Investing: A force for good or blah blah blah? - Redefining Energy podcast

image credit: Credit: Redefining Energy / Shareaction
Laurent Segalen's picture
CEO, Megawatt-X

Laurent is a Franco-British financier, founder of Megawatt-X, the London-based global platform for Renewable Energy Assets. For the past twenty years, Laurent has been trading and managing...

  • Member since 2019
  • 178 items added with 158,638 views
  • Nov 15, 2021

Access Podcast / Audio

As COP26 comes to a close, there has been a flurry of commitments to invest trillions of dollars in green technologies and carbon neutral projects. That is the core of ESG investing (or is it?).

ESG investing has grown exponentially since the famous 2015 Marc Carney’s speech Breaking the Tragedy of the Horizon and the 2020 Blackrock letter “Because capital markets pull future risk forward, we will see changes in capital allocation more quickly than we see changes to the climate itself”. Numbers are dizzying. ESG investment has almost trebled over the last five years, reaching $50 trillion in assets in 2021.

At the same time, ESG investing seems to be victim of its own success with inflated claims not met by facts. With more than 600 ratings and 5,000 metrics, ESG has become a maze where investors are drowned in an “alphabet soup” of standards while some financial institutions seem to be more focused on fees than purpose. At last, the regulators - whether the EU Commission or the SEC - are starting to intervene to create standards.

To try to understand the dynamics of ESG investing, its challenges, effectiveness, and possible solutions, we have invited Catherine Howarth, CEO of Shareaction. Shareaction is a NGO working to assess the quality of sustainability practice of the world’s largest institutional investors, and to hold investors accountable on the gap between their sustainability claims and actions.  

We exchange candidly with Catherine on ESG ratings, shareholders’ activism, the divestment movement, and the role of regulators.



Quilter on ESG:

Talking Responsibly:


“Doing Good or Feeling Good” by EDHEC:

EU Taxonomy:

DWS (Deutsche Bank) rocked by $1trillion SEC greenwashing probe:

Bank of International Settlements: “A taxonomy of taxonomies”







No discussions yet. Start a discussion below.

Laurent Segalen's picture
Thank Laurent for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member

Get Published - Build a Following

The Energy Central Power Industry Network® is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »