The government is scrambling to shore up the country’s economy amid wide-ranging Western sanctions and an exodus of foreign companies from Russia. The government’s proposal to nationalize assets of foreign-owned companies that have left the Russian market has received President Vladimir Putin’s approval and appears likely to be adopted. Russian…
Welcome to Teneo's UK ESG Insights. Each fortnight, we’ll help you to cut through the noise around ESG by exploring some key market developments and the implications for companies. UK Under Pressure to Drive Net Zero Transition A new study by the House of Lords Industry and Regulators Committee…
Declarations of an official end to the Covid-19 pandemic in several countries are leading Chinese policymakers to quietly consider their own exit from a strict zero-Covid policy. The rollout of domestically developed mRNA vaccines and effective antiviral treatments are crucial preconditions for China's exit from zero-tolerance. In Hong Kong, restoring…
Western leaders are looking at options to ratchet up sanctions, including a potential ban on Russian oil imports. Insufficient options to backstop for any losses of Russian crude and to calm markets will support recent, higher crude prices for a sustained period. Hub gas prices in Europe have soared to…
Russian forces are preparing for more intense offensive operations in Ukraine. China is setting itself a slightly lower-than-expected growth target. South Koreans are heading to the polls. Meanwhile, a special congress session on rising fuel prices may be held in the Philippines, Hungary’s parliament is electing a new president, and…
Our bi-weekly spotlight explores key ESG-related market developments and their implications for corporates and investors. ESG in the News The U.S. Securities and Exchange Commission is asking many public companies to clarify their physical, legal, and regulatory climate-related risks as it readies new disclosure requirements for later this spring.
As the war in Ukraine intensifies, sanctions on Russian oil and gas imports are the ultimate frontier in the Western political debate. Key politicians are trying to gain time, but moral outrage about Russia’s actions on the battlefield might eventually leave them with few alternatives. EU foreign affairs ministers are…
On 23 February, the European Commission published its long-awaited proposal for EU-wide legislation on sustainable corporate governance – the Corporate Sustainability Due Diligence Directive (CSDDD). The proposal is the latest initiative in the Commission’s strategic policy agenda to become the global flag-bearer of stakeholder capitalism, using the regulatory means at…
Russia/Ukraine talks are unlikely to produce substantive outcomes. China tries to straddle between Moscow and the West. Meanwhile, Japan will begin easing border restrictions, Turkey’s stance on the passage of Russian warships to the Black Sea remains ambiguous, opposition parties are working on impeachment proceedings against Peru’s president, and intra-party…
Teneo Risk recently sat down with Teneo Senior Advisor Juliette Kayyem, CEO of Grip Mobility and Senior Belfer Lecturer in International Security at Harvard’s Kennedy School of Government, about her upcoming book, The Devil Never Sleeps, which discusses how leaders can prepare for and deal with…
Crypto and digital currencies are rapidly changing the nature of money itself and continue to be a disruptive threat to the global financial system. As businesses and governments embrace the possibilities of transformative financial technologies, how will this reshape the global economy and how will the threat of macroeconomic instability…
Russia’s recognition of the self-proclaimed republics in Donbas as independent states give Moscow multiple options and make their return under Kyiv’s control very unlikely in the foreseeable future. An important signpost to watch is Russia’s interpretation of the borders of LPR and DPR, which have claims over territories in Donetsk…
