Investors’ Ozempic Mania Could Be Bad for Our Health
GLP-1s do lend themselves to Super Bowl ads in a way climate-tech might not.
Photographer: Jill Connelly/Bloomberg
When did climate change stop being the most important issue of our time? According to a bunch of investors, quite recently.
In an April report, Berenberg Bank asked 200 institutional investors which ESG — environmental, social and governance — issues were most important to their funds. (The survey wasn’t sent specifically to sustainability-focused investors, but the topic likely impacted who chose to respond.) Climate change, which had been ranked either No. 1 or No. 2 for the past three years, slipped to 5th place. The anonymous poll also asked investors about which United Nations Sustainable Development Goals (SDGs), if any, their company targets. Just half said climate action (SDG 13), down from 70% last year.