Episode

The end of risk management: What finance can learn from climate science

In this Fiduciary Investors Series podcast Amanda White talks to Professor Cameron Hepburn,  Professor of Environmental Economics and the director of the economics sustainability programme at the University of Oxford.

 

About Cameron Hepburn

Cameron Hepburn is the Director of the Economics of Sustainability Programme, based at the Institute for New Economic Thinking at the Oxford Martin School. He is also Director and Professor of Environmental Economics at the Smith School of Enterprise and the Environment, a Fellow at New College, Oxford, and a Professorial Research Fellow at the Grantham Research Institute at the London School of Economics.

He has published widely on energy, resources and environmental challenges across a range of disciplines, including engineering, biology, philosophy, economics, public policy and law, drawing on his degrees in law, engineering and doctorate in economics. He is on the editorial board of Environmental Research Letters and is the managing editor of the Oxford Review of Economic Policy. Cameron’s research is often referred to in the printed press, and he has been interviewed on television and radio in many countries.

Cameron provides advice on energy and climate policy to government ministers (e.g. China, India, UK and Australia) and international institutions (e.g. OECD, UN organisations) around the world. Cameron began his professional life with McKinsey, and has since had an entrepreneurial career, co-founding three successful businesses – Aurora Energy Research, Climate Bridge and Vivid Economics – and investing in several other social enterprises, such as Purpose and Apolitical. He also serves as a trustee for Schola Cantorum of Oxford.

About Amanda White
Amanda White is responsible for the content across all Conexus Financial’s institutional media and events. In addition to being the editor of Top1000funds.com, she is responsible for directing the global bi-annual Fiduciary Investors Symposium which challenges global investors on investment best practice and aims to place the responsibilities of investors in wider societal, and political contexts.  She holds a Bachelor of Economics and a Masters of Art in Journalism and has been an investment journalist for more than 25 years. She is currently a fellow in the Finance Leaders Fellowship at the Aspen Institute. The two-year program seeks to develop the next generation of responsible, community-spirited leaders in the global finance industry.

What is the Fiduciary Investors series?
The COVID-19 global health and economic crisis has highlighted the need for leadership and capital to be urgently targeted towards the vulnerabilities in the global economy.
Through conversations with academics and asset owners, the Fiduciary Investors Podcast Series is a forward looking examination of the changing dynamics in the global economy, what a sustainable recovery looks like and how investors are positioning their portfolios.

The much-loved events, the Fiduciary Investors Symposiums, act as an advocate for fiduciary capitalism and the power of asset owners to change the nature of the investment industry, including addressing principal/agent and fee problems, stabilising financial markets, and directing capital for the betterment of society and the environment. Like the event series, the podcast series, tackles the challenges long-term investors face in an environment of disruption,  and asks investors to think differently about how they make decisions and allocate capital.