“The growing interest in ESG is driving the biggest change to financial markets and financial reporting and disclosure standards we’ve actually seen in a generation. We’ve got to make sure that we are ready to meet the challenge of that change at every step of its development.”

Nobody likes to be hoodwinked, but that’s what big companies are essentially doing when they engage in greenwashing – giving consumers the false impression they have business practices that help the environment instead of harming it.

I am starting my address to this year’s summit in the exact same way that I started last year’s address. Because it is just over a year since I delivered these same words, which aren’t actually my words. They are the words of our Climate Change Minister, and they provide a baseline of sorts for what progress has been made in that time.