Skip to content

Carney Seeks Punishment of Companies Hesitant To Move into Green Era

In a speech June 17 at the launch of the London-based Imperial College Business School’s Leonardo Centre for Business on Society, former Governor of the Bank of England and present UN Special Envoy for Climate Action and Finance Mark Carney uged businesses to come up with strategies which reflect a clear commitment to addressing the so-called climate crisis in order to attract the investments they need to become more “sustainable.” “Investors, banks and indeed society, will increasingly differentiate between companies that meet this gold standard and those that do not. That means backing companies with credible plans with the necessary finance to turn plans into action; and divesting those who don’t demonstrate credible intention to transition.”

Among the participants at the event were Sir Andrew Cahn, trustee of the World Wildlife Federation, and other aristocratic bums.