Path Climate Solutions Portfolio
Last week, the news agenda was full to the brim with devastating headlines and pictures showing the damage we are doing to our planet.
Last week, the news agenda was full to the brim with devastating headlines and pictures showing the damage we are doing to our planet.
The Prime Minister surprised the public last week when she announced an end to the suspension on fracking. PM Liz Truss removed the block in a bid to stifle rising energy bill costs in a move that puts her at odds with the Tories’ 2019 General Election manifesto.
In the past week (2nd August), oil and gas giant BP announced a near record high of £6.9 billion profit in the last quarter, triple what they made for the same period last year. Greenpeace UK’s head of climate Kate Blagojevic pointed out that “..these are the same companies responsible for pushing our world closer to catastrophic climate change. This isn’t right.”
At Path, we’re passionate about empowering women to take control of their finances. One very important topic of discussion recently has been the gender pension gap – in the UK, there is a large disparity between the values of personal pensions for men and women.
The current heatwave is a wake-up call. Wildfires and extreme hot weather conditions are causing havoc, climate scientists are warning that the UK should no longer consider itself as a ‘cold country’ and Secretary-General of the United Nations has said that we are facing ‘collective suicide’ over climate change.
We’re thrilled to say that we’ve been named as a 2022 Best for the World™ B Corp™. B Corp is the sustainability gold standard, so we were extremely proud to be awarded B Corp status earlier this year. Being named as a Best for the World is the icing on the cake.
This week, a new Climate Change Committee (CCC) progress report has found that the UK government is failing to reach its net zero targets.
Even for an experienced investor, market volatility can be unsettling – especially if you’re looking to retire in the near future. After years of saving, you may be worried about your pension falling in value and how this might affect your retirement plans. Should you be concerned?
If you’re struggling with your mental health, finding the motivation to look at your finances can feel like a step too far. But, taking control of your money is a very positive thing.
It’s been a rather busy few weeks in the world of ‘greenwashing’. Last month, Deutsche Bank was raided for alleged involvement in a trillion-pound greenwashing scandal. According to Sky News, it’s alleged the DWS, the management asset part of the company, sold products worth more than $1 trillion as being more sustainable and environmentally friendly than what they actually were. It’s important to say, the DWS denies the allegations.