Fund Manager Laura Foll on ESG, M&S and Shein

Janus Henderson's Laura Foll talks to Christopher Johnson about holding fossil fuel stocks, fast fashion fads and Marks & Spencer
www.morningstar...
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#investing #laurafoll #morningstar

[@javiervazquez9591]

Short Shein even before they go to the market 😅

[@alexk3948]

I don't agree with the explanation that it's justified to invest in fossil fuels to provide balance in the portfolio. It's like the weak explanation that Job Curtis gives for investing in tobacco. It's not ok to damage society to progress selfish objectives.

[@aknevv]

The interviewer needs to study some facts about energy: while energy is needed - and the whole world needs it, a massive amount of it, every day - you cannot just stop buying oil. The world is not ready to move to clean energy yet - THERE IS NOT ENOUGH OF IT - and without the oil and gas companies, and their own transitions, over time, THE WORLD WILL COME TO AN ABSOLUTE HALT. Demonising oil companies helps no one.