In the Media

  • Politico July 20, 2022

    Biden administration targets Mexican energy policies that hurt US investors

    In an interview with PoliticoPro about policies in the energy sector enacted by Mexico, Veracity Worldwide CEO Jay Truesdale highlighted that North American and Asian investors were negatively impacted, noting that the legislation favors Mexico’s "state-owned power generation plants over private sector renewable energy investments, including many that are foreign owned."

  • Financial Times June 27, 2022

    A Groundbreaking Argument in Climate Litigation

    In an interview with the Financial Times, Benjamin Weiss, Veracity Worldwide’s ESG practice lead, questioned using available indexes to assess a company’s wider environmental and social impact. Inconsistent metrics and measurements between different indexes lead to dubious conclusions, Weiss said, and noted that top investors want "thoroughly researched, industry-tailored, jurisdiction-specific-insights" to inform strategic investments in developing nations "with their eyes wide open."

  • MINING.com May 12, 2022

    Mining Indaba: Russia-Ukraine war triggers policy shifts, supply chain disruptions

    In a mainstage speech at Mining Indaba 2022, Executive Chairman Steven Fox emphasized that the conflict in Ukraine highlights the need for business leaders to understand geopolitical dynamics as an essential commercial consideration. "The Russia-Ukraine war has already had tremendous consequences for countries far beyond the battlefield," Fox said. "This is also the first war of the ESG era, and for companies and investors, we are only beginning to grasp its implications."

  • Reuters May 9, 2022

    Global scramble for metals thrusts Africa into mining spotlight

    The energy transition has led to a renewed interest in mining in sub-Saharan Africa. In an interview with Reuters, Veracity Worldwide's Executive Chairman Steven Fox highlighted that resources, such as cobalt, lithium and nickel, are "typically located in difficult places". However, despite the political and social challenges of operating in these markets, Fox argues that "those those challenges are no more difficult than the corresponding set of challenges in Canada. It may be easier to actually bring a project to fruition in Africa, than in a place like Canada or the US"

  • Financial Times April 4, 2022

    Companies face ethical and logistical challenges to stay in Russia

    In an interview with the Financial Times, Executive Chairman Steven Fox warned that companies laying off local employees and closing operations in Russia may face criticism that they are failing their Russian employees and unfairly penalizing Russian citizens. Nevertheless, Fox said, "the public understands that there are consequences and the higher calling was to exit."

  • Financial Times March 15, 2022

    Stay or sell? Russia’s war shows the difficulties of nuance in responsible investing

    In an interview with the Financial Times, Veracity Worldwide Executive Chairman Steven Fox commented on the difficulties of nuance in responsible investing. While some investors have faced criticism for not checking their exposure to Russia following Putin’s military invasion of Ukraine, Steven noted that companies that acted quickly provided a "wake-up call for ESG portfolio managers."