'We need confidence': Financial giants warn wavering on climate policy is undermining UK investment prospects

James Murray
clock • 5 min read
'We need confidence': Financial giants warn wavering on climate policy is undermining UK investment prospects

Investors and Pension funds with £1.5tr of assets under management write to Prime Minister to warn that recent public statements and policy decisions impacting the net zero transition are impacting investor confidence

A group of 36 leading investment managers, banks, and pension funds that together hold £1.5tr of assets under management have today written to Prime Minister Rishi Sunak, warning that mixed messages from...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

UN Climate Chief: Climate action is 'really about growth'

'A step in the right direction': Energy price cap tipped to fall seven per cent

More on Investment

Financial firms join UK taskforce to help unlock climate investment in developing economies
Investment

Financial firms join UK taskforce to help unlock climate investment in developing economies

UK government's Emerging Markets and Developing Economies (EMDE) Investor Taskforce highlights potential for tenfold returns from backing climate adaptation and mitigation projects

Michael Holder and Patrick Brusnahan
clock 20 May 2025 • 2 min read
Marisa Drew: 'A great deal of power lies in the consumer wallet'
Investment

Marisa Drew: 'A great deal of power lies in the consumer wallet'

Standard Chartered's chief sustainability officer reflects on her move into sustainability from investment banking, how 'big ideas' are coming from unexpected places, and the co-benefits of electric driving

Stuart Stone
Stuart Stone
clock 20 May 2025 • 9 min read
Sustainable Ventures' Andrew Wordsworth: 'Collaboration between diverse stakeholders is key'
Investment

Sustainable Ventures' Andrew Wordsworth: 'Collaboration between diverse stakeholders is key'

Sustainable Ventures co-founder reflects on building one of Europe's leading climate tech clusters, helping its companies collectively raise over £1.1bn and create 7,000 green jobs.

BusinessGreen staff
BusinessGreen staff
clock 15 May 2025 • 6 min read