Europe’s green giant is focusing on safer bets
Ignacio Galán is playing it safe. In Iberdrola’s updated three-year business plan, the veteran executive chairman of Europe’s largest utility has earmarked 36 billion euros of net investments by...
EU’s energy security drive may have gone too far
Europe may have overplayed its energy security strategy. President Vladimir Putin’s 2022 attack on Ukraine exposed the European Union’s heavy dependence on cheap gas imported from Russia, chiefly...
Global tax would spoil investors’ plastic party
The days of carefree plastic use may soon be over. Even though the world is suffocating in polluting waste, sales of fresh polymers are projected to rise 40% to $529 billion by 2031. This may change...
Female entrepreneurs’ glass ceiling is intact
The glass ceiling that holds back female entrepreneurs remains intact. Two decades after boardroom quotas were first introduced, women have made tangible progress overseeing listed firms. Yet despite...
Ukraine yet to make defence a safe investor haven
The West’s rush to supply weapons to war-torn Ukraine looks like a golden opportunity for defence companies to exit the ESG doghouse. Russia’s invasion and rising defence budgets are pushing some...
Investors sit on a plastic waste ticking bomb
Investors should worry about a rising plastic tide. The pandemic and a war in Ukraine have focused money managers’ attention on supply chain disruption and energy security risks. Yet as the world...
East-West battleground will shift from fossil fuels to metals
The global trade war will shift from fossil fuels to metals and raw materials. Russia’s invasion of Ukraine highlighted the risk of relying on autocratic states for energy. Even if Europe’s gas...