Guest Article by Dr Richard Millar on Companies planning for zero-net emission

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  • October 17, 2017

In a departure from our normal practice of publishing only P1 research, we are delighted to publish an article written specifically for P1 Investment Management by Dr Richard Millar of Oxford University.

The article written by Dr Millar for P1 outlines the need for businesses and ethical investors to target zero-net carbon emissions (or carbon neutral operations). Dr Richard Millar writes about the need for companies to start planning for a zero-net carbon emission future now.  Leadership will be required from company boards combined with informed pressure by ethically-minded investors, if there is to be a smooth transition to a net-zero emission economy.

Dr Richard Millar is the Oxford Martin Fellow at the Oxford Martin Net Zero Carbon Investment Initiative and Environmental Change Institute at the University of Oxford.

About the Oxford Martin School

The Oxford Martin School at the University of Oxford is a world-leading centre of pioneering research that addresses global challenges. We invest in research that cuts across disciplines to tackle a wide range of issues such as climate change, disease and inequality. We seek to make an impact by taking new approaches to global problems, through scientific and intellectual discovery, by developing policy recommendations and working with a wide range of stakeholders to translate them into action.

Oxford Martin Net Zero Carbon Investment Initiative

Our team of researchers are consulting with the scientific and investment communities in combination with fossil fuel industry stakeholders to address key issues; What would a safe fossil fuel investment look like in a world in transition to net zero carbon emissions? What does a company that remains engaged in fossil fuel extraction need to do to reassure its investors and customers that it is acting responsibly; and to ensure that its activities are not committing future taxpayers or shareholders to expensive climate adaptation, mitigation or remediation measures?

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Posted By Will Dickson

Chief Investment Officer Will Dickson is a Chartered Wealth Manager as part of the Chartered Institute of Securities and Investment (CISI) qualification scheme. This recognition was obtained following an MSc in Finance and Investment from the University of Exeter, and an Accounting and Finance BSc from the University of Bath. Will’s exceptional talent is recognised by CityWire’s Wealth Manager, having been named as one of the UK’s Top 30 investment managers under the age of thirty for the last three years. Will manages and oversees P1’s range of investment portfolios. Working with the Investment Team, Will shapes the investment policy and fund selection for our Passive, Hybrid and Ethical and Sustainable portfolios. In conjunction with managing the fund portfolios, he oversees and our AIM Inheritance Tax and Tier 1 Investment Visa equity portfolios. Will has joint written articles with P1’s Head of Research, Dr Rayer. Their article “Hypothesis: Risk, like Mass and Energy, can neither be created nor destroyed” featured in the CISI’s The Review of Financial Markets. In addition to contributing to articles with Dr Rayer, Will often delivers P1 CISI Endorsed lectures to Independent Financial Advisers. You can see Will’s take on weekly investment news here.