"We strongly believe that Baillie Gifford are part of the solution to the climate emergency. They are early investors in progressive climate positive companies, providing funds to help them grow".
Says the guy getting funded by Baillie Gifford.
No investment firm is part of the solution. Capitalism isn't part of the solution.
I’m not a fan of these rapid news with very little context.
What’s going to happen, if it hasn’t happened already, is that companies and corporations are going to play with words in order to seem like they’re more climate-friendly than they are. Few people disagree that fossil fuels needs to be reduced but without knowing more context, it’s hard to say whether an firm that commits some amount of money into another firm that has some role in fossil fuels is “a bad thing”.
The biggest one I hate right now is “carbon neutral”. “Hey we make a shit ton of pollution but we also recycle 0.5% of our supply chain. Our imaginary math works it out that it means we aren’t polluting because that’s absolutely how that all works”