Amidst a fanfare one would expect from anything announced at the World Economic Forum in Davos, the Canadian firm Corporate Knights announced its tenth annual list of the world’s most sustainable companies, also known as the Global 100, on Wednesday last week.
Seb Beloe, Head of Research and Partner, WHEB Listed Equities and Michael Pearson, WHEB Infrastructure
The traditional utility business model is wobbling. The market capitalisation of European electricity utilities has fallen from an approximate €1 trillion peak in 2008 to roughly half that today.
Ben Goldsmith, Head of Sales and Marketing and a Partner at WHEB spoke to Jeremy Grantham, the Chief Investment Strategist at GMO, on resource scarcity and climate change and the implications for investors.
Most of the trends that we focus on are trends that will play out over a decade and grind incrementally forward. Climate change, demographics, resource scarcity all fit into this definition. What can change much more dramatically, however, is the reaction of policy-makers, the media and markets to these trends and in this respect we expect significant change in 2014, particularly around the following areas: