Chris Pritchard

Co-founder of @FutbolitoFC ⚽️. A soft spot for satire & a penchant for puns 🃏. Occasionally dabble in finance & sporting endeavours 🔮🏆 #COYQ #UTB

[Chris Pritchard @CFPri25]

Still a gem! #ESG

[joel pett @joelpett1]

nearly a decade since i drew this....thnx to everyone who has kept it alive in so many formats....#ClimateStrike #ClimateForum2020

[Chris Pritchard @CFPri25]

@TLRailUK @British_Airways: due to this delay we missed our outbound flight. We arranged alternate travel to our destination, but your support team told us our return flight is already cancelled and can’t be reinstated. This can’t be right, please advise how to get our return leg restored.

[Chris Pritchard @CFPri25]

@Harlequins @Twickenhamstad 👋

[Chris Pritchard @CFPri25]

@harlequinspod Aller, aller, aller

[Ben Caldecott @bencaldecott]

If we can scrub from the atmosphere all the carbon emitted by future fossil fuel consumption, plus all the carbon emitted after we almost certainly overshoot a 1.5 degree carbon budget, then yes, the @COP28_UAE President and my senior and very distinguished @UniofOxford @OxfordNetZero colleague Prof Myles Allen are right: no fossil fuel phase out is needed to achieve the aims of the Paris Agreement.

BUT mere analysts of economic, financial and political systems (like me) tend to think that this is pie in the sky thinking and is nowhere near possible. Further, it is being used to justify continued avoidable fossil fuel use. The fossil fuel lobby often making these arguments have no actual plan to scrub carbon at such scales so quickly. It would be almost impossible to do so and would cost vast sums even if it were possible (much more than decarbonisation and without the co-benefits of cleaner, safer and more productive societies).

And yes, we obviously do need to scale safe and permanent carbon disposal (part and parcel of net zero), but that is never going to happen at the scale needed to offset like for like currently avoidable fossil fuel emissions. The finite technoeconomic capacity we have to develop the means to scrub carbon needs to be focused on hard to abate emissions and then bringing us back to safe levels after we (probably) overshoot 1.5 degrees, not sustaining existing fossil fuel interests.

https://t.co/mQXFYxijLh

[FT Moral Money @ftmoralmoney]

Lex in depth: how investors are underpricing climate risks https://t.co/icHupeGgg7

[PA Future @PAdviserFuture]

International Sustainability Standards Board chair @EmmanuelFaber has told @CBD_COP15 delegates it will be defining sustainability as “inextricably” linked to nature in its disclosure standards https://t.co/tSYFLD5Wsz

[Chris Pritchard @CFPri25]

The UK Government announces delay to #taxonomy decision: https://t.co/bsGWSYHV4Y #ESG

[Chris Pritchard @CFPri25]

"In other words, sin stock exclusion does not lead to higher or lower returns in the portfolio, it does not penalise companies in the form of higher or lower valuations for their stocks and it does not force them out of business."

[John Oliver @iamjohnoliver]

Here's our piece from last night on carbon offsets...https://t.co/dwuT21LmFU

[Chris Pritchard @CFPri25]

What a finish, what a photo! #COYQ @cadan_murley

[Friends Of The Stoop #COYQ 🃏 @QuinsFOTS]

#Harlequins pure and simple “ A work of Art”
🟦🟥
🟫⬜️

[Philippe Maupas @philmop]

For @JoachimKlement, "the evidence in favour of exclusions remains limited and engagement is clearly the better approach than divesting from companies in certain sectors." https://t.co/hiBV1uQt2f

[Chris Pritchard @CFPri25]

Thanks to everyone for a great evening at @HBatInnholders for @SlaterInside's Annual Investor Show!

[Chris Pritchard @CFPri25]

Reliance on #ESG ratings agencies or holding unified reporting standards as the silver bullet to address #greenwashing is head in the clouds thinking. A good piece by @EmmaWoollacott: https://t.co/XKYFr0UoHU

[Chris Pritchard @CFPri25]

A very well written piece. The focus of #ESG disclosure should be to allow for capital allocators to conduct more useful and in-depth analysis leading to better opinions. ESG ratings with an end goal of generating a single figure score are not the answer. https://t.co/cYfLpl2kwH

[Chris Pritchard @CFPri25]

Exactly correct, the current duality of ESG renders it its own worst enemy. #ESG

[Personal Finance @ftmoney]

Comment: "I’m pro-ESG, as it happens. But I have long argued it has an existential defect. Fix this and ESG can thrive," says Stuart Kirk. https://t.co/6enNdBI9gB

[Chris Pritchard @CFPri25]

Not a bad spot to tuck into some @DominicFrisby!

[Chris Pritchard @CFPri25]

I've long maintained that institutional shareholders are more content to simply add their name to the long list of those backing engagement under organisations such as @ActOnClimate100 instead of actually doing any work themselves. Something the @FRCnews needs to look at. #ESG

[Chris Pritchard @CFPri25]

A good quick read on Growth investing: https://t.co/hekFesEBWt #UKequities #GARP #Investing

[Chris Pritchard @CFPri25]

@JoachimKlement Almost as if on cue: https://t.co/BtrkGEtVZ5

[Chris Pritchard @CFPri25]

@JoachimKlement I think one thing excluded in this data is the quality/relevance of the ESG resolutions themselves. Whilst I appreciate this is entirely subjective, there are some that don't seem to entirely have a clear purpose,
objective or proposition (eg Follow This at BP’s upcoming AGM).

[Chris Pritchard @CFPri25]

Slightly late to the party with this one, but this letter by @Shiva_Rajgopal and @rgeccles really highlights well the importance of shareholder rights in their ability to hold management accountable and therefore positively effect change: https://t.co/lpE32OqBtm #ESG