Are you an ‘activist’? The term is taking on new meanings, particularly when it comes to climate. The act of activism is no longer associated only to environmental groups blocking or pouring paint over the entrances of financial institutions. The founder of an accounting think-tank, Andrew Watson of Rethinking Capital, describes its own one-man online protest against the ‘big four’ consultancy firms as such an act, as he demands for intangible assets and liabilities related to the environment to be better recognised in company audits.
Activism will likely continue to come in different shapes and forms. It is also something that financial institutions will likely continue to face, with pressure coming from within the finance and investment community.
