Is a backlash brewing against ESG?
PlaceTech
While parts of the real estate industry – including PlaceTech – spent several days in Copenhagen for the first CREtech Climate conference, more critical comments on ESG policies flooded headlines. “Who cares if Miami is six metres underwater in 100 years? Amsterdam has been six metres underwater for ages, and it’s a really nice place. We will cope with it,” said Stuart Kirk, HSBC Asset Management’s global head of responsible investing, at a Financial Times event last week.