Bill Winters: Pandemic and Russian invasion response shows we can fight climate change

Speaking at City Week 2022

Elliot Gulliver-Needham
clock • 2 min read
Bill Winters, CEO of Standard Chartered
Image:

Bill Winters, CEO of Standard Chartered

The coronavirus pandemic and international response to Russia’s invasion of Ukraine has shown us that a massive response to climate change is possible, said Bill Winters, CEO of Standard Chartered.

Speaking at London's City Week conference today (25 April), Winters said that the current macroeconomic circumstances were favourable for a transition away from fossil fuels, with rising fuel prices and security concerns around future supply of energy. However, he also said that one underemphasised changing factor was how the world had united both to fight the coronavirus pandemic and to implement sanctions on Russia after its invasion of Ukraine. "The world has rallied around, in the last couple of years, major exogenous shocks in a spectacular way," he said, adding that the response...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

The Sustainable Investment Festival will take place from 11-12 July
ESG

Sustainable Investment Festival 2022: Less than two weeks to go!

In-person event takes place 11-12 July

Beth Brearley
clock 29 June 2022 • 2 min read
London Climate Action Week: The most practical solutions
ESG

London Climate Action Week: The most practical solutions

What are managers doing?

Investment Week
clock 27 June 2022 • 1 min read
Kimberley Lewis, head of active ownership at Schroders
ESG

Schroders: Why we are against Sainsbury's being forced to become Living Wage-accredited

AGM on 7 July

Kimberley Lewis
clock 27 June 2022 • 4 min read
Trustpilot