Jean Benoit Roquette

The clash with Nelson Peltz’s activist campaign has clear learnings for listed companies, say Jean Benoit Roquette Do institutional investors take into account firms’ climate exposures in setting up stock portfolios? And, if they do, what are the effects on the cost of equity of the firms they are investing in (or divesting from) and the resulting effects on the firms’ future environmental profiles? A common narrative in climate finance is that if an investor cares about the climate and a company is negatively contributing to the environment, then the investor will ‘punish’ the company by underweighting the stock in…

Heads of IR are conductors of their company’s reputation in a world of crisis, says Jean Benoit Roquette General Motors (GM) shareholders will vote at the company’s AGM next month on a proposal seeking an annual report providing ‘additional disclosure on sustainability risks within its supply chain and risk-mitigation efforts.’ Green Century Capital Management, which filed the resolution, encourages GM’s board and management to assess in the report: ‘The pros and cons of joining global value chain emissions-reduction efforts, such as the Aluminum Stewardship Initiative and ResponsibleSteel, and demand-aggregation initiatives such as SteelZero and the Sustainable Steel Buyers Platform ‘Progress…