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Flat White

The G7, woke corporates and the end of capitalism

9 June 2021

4:00 AM

9 June 2021

4:00 AM

The Bank of International Settlements, the G7 Finance Ministers and the Australian Securities and Investment Commission have amped up carbon emissions-based “climate risk” warnings to Australian firms. This represents a new triumphal procession of green activism through international business institutions.  

Environmental crusaders’ colonisation of business is most evident in that nadir of wokeism, the annual Davos meetings, attended (remotely this year) by business leaders who pay up to £480,000 to listen to nagging strictures of figures like Greta Thunberg and Prince Charles.

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