Worried I’m becoming a tree-hugger as this blog seems to return to how banks put profits before people more and more often. Nevertheless, here are the facts: Banks have invested $3.8 trillion into fossil fuels since the Paris Agreement came into force on 4 November 2016 … Which banks? JP Morgan Chase & Co Worst…
The climate activists of Extinction Rebellion expanded recently into a Money Rebellion, as I blogged about last Friday. Targetting the banks that pollute the planet – specifically Barclays and HSBC in the UK – they will hold a range of protests today, gluing themselves with locks to the entrance to bank branches and disrupting the…
I wrote two years ago about the BS that Blackrock talk about the climate. I mentioned this issue again in my update on the Money Rebellion last week and what really makes me angry is that financial firms like Blackrock sign up to global agreements to protect the environment, and create a load of PR…
Money Rebellion I’m finding the world a bit surreal – is it just me? Locked down for a year; totalitarian states; governments attacking people; governments killing people; black lives matter; wars rising; tensions rising; demonstrations on the streets; no concerts, entertainment or hospitality … the list goes on. Meantime, there are basic issues that still…
I read Jamie Dimon’s shareholder letter with interest this week. His message does not read like a shareholder letter from a banker … Banks “are facing extensive competition from Silicon Valley, both in the form of fintechs and Big Tech companies (Amazon, Apple, Facebook, Google and now Walmart), that is here to stay. As…
As mentioned the other day, I’m focused upon purpose-driven banking these days. I guess this theme has come to the fore because of digital transformation, as the two seem to go hand-in-hand, and it sits at the heart of leadership. These themes were reinforced for me when Jim Marous sent me a report from MIT…
I’m working on a new book project. You might have spotted the themes in my recent blog entries but, if not, it’s all about purpose. The tagline is: if you don’t stand for something, you fall down, and is focused upon stakeholder capitalism. ESG, CSR and all that stuff and more. So, I’ve been watching for leaders who talk about…
One of my most popular blogs, which surprised me, was when I wrote about how redundancy was the best thing that ever happened to me. It’s true. I learned more from failure than I ever learned from success. I learn more from hardship than I ever learn from complacency. It’s not true for everyone. It’s…
Readers of my blog may have realised that, over recent years, I’ve become a little bit passionate about saving the world. It’s our world. It’s the only one we’ve got. I’m quite keen to keep it here for that reason. Whilst coronavirus, disease and pandemics drive our thinking, we should not forget that there are…
