Vigo Consulting

Last week’s UK budget introduced significant debt changes which climate groups hope will be instrumental in jump-starting green investment. The changes give the government space to borrow significantly more to invest in big projects which will be ‘vital’ for unlocking more capital investment in the green energy transition. The Financial Times covers the story. In the US, the story couldn’t be more different. Green stocks plummeted following the country’s election of Trump, as the market sold off renewables in their droves. Some analysts, however, suggested that the key assumptions behind knee-jerk selloffs may be unfounded. Bloomberg News covers the story. 🔗 Vigo Consulting's Insight: https://lnkd.in/emy5bSMB 🔗 The Financial Times: https://lnkd.in/ehD4jkcJ 🔗 Bloomberg: https://lnkd.in/e8fCXhiB

Vigo is pleased to have supported SDI Group on its acquisition of leading computer vision-based measurement systems manufacturer, InspecVision Ltd, for a total consideration of £8.65m. The acquisition adds a profitable business with a blue-chip customer base and international revenue streams to SDI’s group of portfolio companies. #UK #Acquisition #Manufacuturing #Innovation

More than two years after BlackRock ran into criticism from US Republicans over its focus on ESG investing, the world’s largest money manager is attempting to change the subject. Pension and infrastructure offerings are the chosen headline currently, reflecting shifting investor sentiment. The Financial Times covers the story. Carbon markets are still facing problems as a wave of reports show that many projects deliver fewer climate benefits than advertised. As investors face more risks than ever, there are new questions about how the market is trying to insure itself. Bloomberg News covers the story. 🔗 Vigo Consulting's Insight: https://lnkd.in/gd6Bpq5U 🔗 The Financial Times: https://lnkd.in/gwDCtJGB 🔗 Bloomberg: https://lnkd.in/gQG8rwV6

Hundreds of ESG funds are being wound down, as the investment strategy continues to battle regulatory headwinds. In Q3 alone, European investment firms liquidated or merged over 100 sustainability focussed funds. More upheaval is expected as new rules designed to crack down on greenwashing come into force. Bloomberg News covers the story. An investor group is pushing for greater transparency from US oil companies on their long-term liabilities when it comes to decommissioning and clean-up costs. The group alleges that the companies are breaking the rules on corporate financial disclosures. The Financial Times covers the story. 🔗 Vigo Consulting's Insight: https://lnkd.in/gjQHEYyv 🔗 Bloomberg: https://lnkd.in/gP_Snf3x 🔗 The Financial Times: https://lnkd.in/gswmn4pN

Terrific to see our new Senior Counsel Damian Reece featured in PRWeek following his appointment last week.

Vigo is pleased to have been appointed by Gaming Innovation Group, a leading provider of iGaming platforms and sportsbook solutions, to advise on investor relations and capital markets communications following its #IPO on the Nasdaq First North Premier Growth Market. #GiG #iGaming #Innovation

A new law requiring homebuilders and developers to compensate for the ecological harms of construction and tackle nature loss has led to growing interest from big banks in biodiversity credits. The World Bank estimates that current levels of damage to the ecosphere could cause gross domestic product to be cut by up to $2.7 trillion a year. Bloomberg News covers the story. Investors are more attentive than ever to climate risks facing physical assets, CEO of data giant MSCI says in the aftermath of Hurricane Milton. There has been a shift in demand from climate tools measuring the risk of moving towards cleaner energy to those which help investors gauge and manage physical risks, particularly in the insurance sector. The Financial Times covers the story. 🔗 Vigo Consulting's Insight: https://lnkd.in/esvqn_Ji 🔗 Bloomberg: https://lnkd.in/e-RZ_fR3 🔗 The Financial Times: https://lnkd.in/ea8PW3Td

Vigo Consulting welcomes Damian Reece as Senior Counsel. Damian, former Head of Business at The Telegraph and senior strategic adviser, brings unparalleled expertise and insight in all areas of reputation management, financial and corporate communications. Damian’s strategic counsel has benefitted companies including Burger King, Nestlé, TalkTalk, and Unilever. Commenting on the appointment of Damian Reece, Patrick D'ancona, CEO of Vigo Consulting, said: “To deliver on our vision of building the UK’s leading independent strategic communications consultancy, we have brought together an exceptional team of advisors. To add someone of Damian’s calibre to that team is a real endorsement of our plans. He was a ground-breaking journalist and editor, and is a leader in the communications field whose counsel is sought by some of the UK’s best-known businesses. His experience and client focus further strengthens our capabilities across all areas of strategic communications.”

As Hurricane Milton hit Florida this week, investors in catastrophe bonds are girding themselves for substantial losses. Insured losses could be up to $150bn, with corresponding catastrophe bond market losses of up to 15% according to investors. Bloomberg News covers the story.   Despite many global companies backtracking on climate commitments, more than 100 CEOs have called for climate action ahead of this year’s COP29 conference. It comes as divisions emerge on corporate climate action as key financiers including bosses of Bank of America, BlackRock, and Deutsche Bank are among those expected to skip this year’s climate conference. The Financial Times covers the story. 🔗 Vigo Consulting's Insight: https://lnkd.in/eATAWuug 🔗 Bloomberg: https://lnkd.in/eMvxuvBX 🔗 The Financial Times: https://lnkd.in/eAXgqV9D

It was great to catch up with the LSEG (London Stock Exchange Group) Issuer Services team last week! We appreciated learning more about the full extent of the services available on the LSEG platform and it was interesting to discuss the future of financial communications and hear about planned developments for reporting company news. Thank you Simon Toscan for organising our visit!