Gary Nagle, chief executive of the world's most profitable coal miner Glencore, has hit out at ESG - raising concerns last week it was driving decisions more than returns. While greenwashing is rife in the investment world, criticising green ambitions publicly is a strange move from the commodities boss. After all, Glencore is desperately looking to seal a merger with Canadian miner Teck Resources, and yet investors remain wary of holding any of its fossil fuel assets in the push to net zero.

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