Tariq Fancy said he was disillusioned by what he saw as the non-impact of sustainable investing. This is despite the bold claims made for new ‘green’ products by this fast growing sector. Too much capital is going towards companies that are doing things that are not in the public interest and too much sustaina-babble is coming out of Wall Street.

The intense ‘heat dome’ and rainfall events in North America, Central Europe and China have been overwhelming. German Chancellor Angela Merkel called the scale of flood damage “surreal”. President Xi Jinping labelled “extremely severe” the implications of one year’s rain falling in Henan province over three days. But no one should consider these as a shock. The events are in line with scientific warnings. Leaders must expect and plan for even greater extremes.

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In this interview with TTU’s Founder and Co-Director Nik Gowing talks to Torsten Kallweit, the CTO for Bosch Climate Solutions, where he details remarkable achievements. Bosch managed met new emission targets earlier than planned. The board backed a dramatic scaling up of research projects with far more enthusiasm than expected. The resulting impact on staff commitment and enthusiasm has been remarkable. They were urged to “drive by themselves” with no fears of failure.

Jennifer Morgan talked to Nik Gowing 24 hours after a Dutch court ruled against Shell for violating human rights. In a remarkable ruling the judge ordered the hydrocarbon giant to cut emissions by 45% in the next nine years. Simultaneously, big investors forced Exxon to diversify its board and embrace sustainability. This was in defiance of the CEO’s appeal not to do so.