Tag Archives: ESG

Are non-executive directors more useful than a bidet?

As the saying goes “A non-executive director is like a bidet. It’s pretty expensive, takes up a lot of space in the bathroom, and no one knows what it is really for”. Development and the ‘feel good’ factor The organisation Promotion of Non-executive Directors (PRO-NED) 1982 was a result of financial scandals like the GuinnessContinue reading “Are non-executive directors more useful than a bidet?”

Paralysis of too much choice

There were 4,722 UK unit trusts and OEICs in the Trustnet database as at March 2023. That is without counting the 10,142 UCITS funds domiciled in Luxembourg, many of which can still be bought in the UK post Brexit and the 2,500 UCITS funds domiciled in Dublin; and 177,000 worldwide . That compares with 1,983Continue reading “Paralysis of too much choice”

Is ESG just greenwashing?

I examine the great variety of definitions and consider the various initiatives to standardise descriptions – EU, IFRS, CFA Are managers real converts? Conversion on the road to sustainability Many companies are busy announcing their conversion to the ESG religion. So, bad guys have revelations on the road to Damascus and turn into St Paul.Continue reading “Is ESG just greenwashing?”