“You accept that ANY further warming is going to have terrible effects…”

Illuminem

May 30, 2024

https://www.linkedin.com/feed/update/urn:li:activity:7201776765420109825/

My interview with Wolfgang Kuhn in the illuminem. Like always – crisp, candid and seminal.

#Biodiversity: I think it has arrived on the radar…pricing biodiversity is impossible. Not that people aren’t trying, but I think it is the wrong approach.

Central bank policy: The single biggest reason why #Sustainability risks are neither priced nor taken seriously.

Business: Helps set the rules through outsized influence.

How executive remuneration has developed: I am minded arguing that stewardship has never worked.

So who is controlling #corporations: If shareholders aren’t able to? Corporations control themselves.

If you only care about financials: Then you focus on the immediate future, and discount anything beyond 10 years in the future. No #scenarios needed.

If you do care about the world: You try to cut your negative impact as fast as possible. No scenarios needed.

If box ticking is your answer, than tell me: Do you think that pilots should do box-ticking before they fly, or do you prefer they follow their gut instinct?

Disclosure is not sufficient to get action: But I would argue that it is pretty much a necessary condition.

Here are nuggets – none should wish to miss!