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This article is designed to be thought leadership content, to offer big picture views and analysis of interesting issues and trends that matter to our clients(1). It is not designed to be taken as the preferred view from Barclays Private Bank, expert advice, investment advice or a recommendation, and any reference to specific companies is therefore not an opinion as to their present or future value or broader credentials (ESG or otherwise). Reliance upon any of the information in this article is at the sole discretion of the reader. Some of the views and issues discussed in this article may derive from third-party research or data which is relied upon by Barclays Private Bank and may not have been validated. Such research and data are made available as additional information for the reader where appropriate. Any reference to specific organisations and individuals should not be viewed as an endorsement from Barclays Private Bank.