Global warming. What can we really do about it ?

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Global warming is frightening, and hope is thin to contain it. So maybe we should start not only fighting it, but also preparing for it.

In my last, and more obscure, post about data-mining bias ( that you should of course read, see here ) I illustrated my argument with the example of extreme weather news reports. To sum it up, my point was that while the increasing regularity of extreme heat/frost waves is probably a consequence of global warming, one separate occurrence was absolutely not sufficient to prove anything about it.

In the meantime however, summer passed in the north hemisphere, and it was hot. Damn hot all around. And while still not proving anything “by itself”, it did make me think about global warming. And I am sure you did too.

Global warming is here. No doubt. What was once upon a time a scientific theory became a few decades ago a scientific and political issue. Now it is starting to turn into a scary and material reality for everyone. And it is probably just the beginning.

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ESG investing – How to improve it

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This post was originally published on October 11, 2016 on my company website. It is still relevant and interesting for those who have not read it yet. I’m posting it here with some minor updates.

Environmental Social and Governance (ESG) investing is a good concept, and its growth is strong. But are the desired goals achieved?

 

It had been a while since I wanted to look at it more closely. Environmental Social and Governance (ESG) investing has always sparked interest in me, even though it was unfortunately a little bit confidential. I always saw it as a very welcomed way to link investment and finance in a positive way.

This is why I gladly accepted when I was offered to go to the “Responsible Finance Workshops” organized by a French company specialized in this investment field.

Environmental Social and Governance Funds (ESG) choose their investments according to financial criteria and social criteria. For most of them, this is expressed in practice by a refusal to invest in companies that are not respectful of the environment, or have a bad carbon footprint, or are not very respectful of their employees. The variations are numerous, but globally those funds have a discriminating approach of investment: they refuse to buy the lame duck.

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