
Intelligence Squared The Futureverse: Reimagining Worth
Jul 13, 2022
In a thought-provoking discussion, Simon Brewer, former Chief Investment Officer and Money Maze podcast host, Adrienne Buller, political economist and author, and Lucy Kellaway, ex-FT columnist turned educator, redefine value in today's world. They tackle how the financial landscape shifts with ESG considerations and the influence of private equity. The panel emphasizes prioritizing community and well-being over mere profit, arguing for a societal shift that values sustainability, health, and personal fulfillment over traditional monetary metrics.
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Ethical Investing Example
- Some investors avoid companies like Shell due to their association with fossil fuels.
- However, even ethically-focused investors like Norway's sovereign wealth fund still invest in BP.
Economic Value's Limitations
- Assigning economic value, like pricing whales, reflects a narrow approach to ecological crises.
- Markets, while useful, struggle with the complexity of issues like fossil fuel dependence.
ESG's Real-World Impact
- ESG investing often prioritizes tech and finance, not necessarily impacting climate change.
- An example is Vanguard's ESG fund holding major tech companies as top holdings, not directly addressing the environment.




