Germany has created a €24 billion sovereign wealth fund to decommission its nuclear power plants. What happens when that capital is deployed for the green industrial revolution?

In this TBLI Talk, Robert Rubinstein sits down with Jochen Wermuth, one of Europe's most consequential climate impact investors. As founder and CIO of Wermuth Asset Management and investment committee member of KENFO — Germany's Fund for the Financing of Nuclear Waste Management — Jochen sits at the intersection of sovereign capital, climate finance, and the green industrial revolution. His radical truth: the transition from fossil fuels to a circular, renewable economy is not just a moral imperative. It is the most significant investment opportunity of our lifetimes.

In this episode:

• How Germany's €24bn KENFO sovereign wealth fund is structured — and what its deployment means for climate finance
• Why the green industrial revolution is happening at the intersection of energy, transport, fintech, agroforestry, and AI
• How DivestInvest mobilised over €30 trillion in commitments from asset owners to exit fossil fuels and enter climate solutions
• What the Climate Endowment model — inspired by Harvard and Yale — reveals about long-term capital allocation for climate
• Why EU pension funds are underperforming US endowments — and how illiquid, impact-aligned investments can close the gap
• What it takes to build a fund with both a financial and an impact hurdle — and why this is the future of investment

The key insight: The green industrial revolution is not a niche. It is a mega-trend at the convergence of multiple reinforcing transitions — in energy, mobility, agriculture, technology, and finance. Investors who understand this are not sacrificing returns. They are capturing the most powerful structural shift in the global economy.

⏱️ Episode Guide:

• 0:00 — KENFO: Germany's €24bn nuclear decommissioning fund and its climate mandate
• 0:X:XX — The green industrial revolution: what it is and why it matters for investors
• 0:X:XX — DivestInvest: mobilising €30 trillion in climate-aligned capital
• 0:X:XX — The Climate Endowment: replicating Harvard and Yale for the green economy
• 0:X:XX — Why EU investors are missing the biggest opportunity of the century
• 0:X:XX — Building funds with financial AND impact hurdles

👤 About Jochen WermuthJochen Wermuth is the founder and Chief Investment Officer of Wermuth Asset Management, a German family office and investment advisory firm committed to sustainable investments, and served as an investment advisory committee member of KENFO, Germany's Nuclear Waste Management Fund, from 2017 to 2024. H Wikipediae studied mathematics and economics at Brown University and pursued doctoral studies in economics at Balliol College, Oxford, and is fluent in German, English, French, and Russian. H Fsicone had a hand in building DivestInvest, with over €30 trillion committed from asset owners to divest from fossil fuels and invest in climate solutions, and has served as a member of the Global Impact Investing Network, Toniic's 100% Impact network, and the Institutional Investor Group on Climate Change.

BrownFor anyone working in institutional investment, climate finance, or the future of sovereign capital — this episode is essential listening.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.🌐 tbligroup.com

#JochenWermuth #KENFO #ClimateFinance #GreenIndustrialRevolution #ImpactInvesting #ESG #TBLI #TBLITalk #DivestInvest #SovereignWealthFund #ClimateEndowment #GreenGrowth #SustainableInvesting #NuclearDecommissioning #NetZero

In this TBLI Talk, Robert Rubinstein sits down with Armin Steuernagel, serial entrepreneur, co-founder of the Purpose Foundation, and one of the most original thinkers in the global conversation about corporate governance and ownership. Armin has spent his career asking the question that conventional capitalism avoids: who has the real power in companies — and should it be bought and sold like any other commodity? His radical truth: steward ownership is not a niche legal structure. It is a fundamental rethink of how companies relate to capital, mission, and the long term.

In this episode:

• What steward ownership is — and how it protects mission-driven companies from extractive capital
• The two core principles of steward-owned companies: self-governance and asset commitment
• What the alternatives to conventional corporate governance actually look like in practice
• How companies like Bosch and Zeiss have operated as steward-owned enterprises for over a century
• Why the question of ownership is ultimately a power question — and why purpose-driven founders must ask it
• How Purpose Foundation has helped over 30 companies structure and finance steward ownership across Europe and beyond

The key insight: In steward-owned companies, control cannot be bought. Voting rights stay with people who are actively involved and values-aligned. Profits are a means to the mission — not an end in themselves. This is not anti-capitalist. It is capitalism redesigned so that it actually works for the long term.

⏱️ Episode Guide:

• 0:00 — Why conventional ownership structures fail mission-driven companies
• 0:X:XX — What steward ownership is and how it works
• 0:X:XX — The two core principles: self-governance and asset commitment
• 0:X:XX — Real-world examples: Bosch, Zeiss, and beyond
• 0:X:XX — How to finance a steward-owned company without selling out
• 0:X:XX — The power question: who should own and control companies?

👤 About Armin SteuernagelA serial entrepreneur and author, Armin founded his first business at the age of 16. He is co-founder and managing partner of Purpose Foundation and Purpose Capital, working to help companies stay mission-driven by transforming their ownership structure into steward-owned companies. TED He is a member of the Club of Rome, co-founder of the international NGO Democracy International, and co-founder of the think tank Neopolis Network. TED He studied Philosophy, Politics and Economics at the University of Witten/Herdecke and Oxford, and has also studied at Columbia University in New York. Platform As a pioneer of steward ownership, he has assisted over 30 companies in structuring and financing this alternative ownership model. Themintmagazine

For anyone working in corporate governance, impact investing, entrepreneurship, or the future of capitalism — this episode is essential listening.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.🌐 tbligroup.com

#StewardOwnership #ArminSteuernagel #PurposeFoundation #CorporateGovernance #ImpactInvesting #ESG #TBLI #TBLITalk #PurposeEconomy #MissionDriven #AlternativeOwnership #ResponsibleBusiness #LongTermCapital #PurposeCapital #SystemsChange

Oceans are dying. Pollution, climate change, and overfishing are creating dead zones, destroying coral reefs, and unraveling the marine ecosystems on which all life on Earth depends. Can this still be turned around?

In this TBLI Talk, Robert Rubinstein sits down with Patricia Ricard, President of the Paul Ricard Oceanographic Institute and Vice-President and co-founder of the Ocean & Climate Platform — a consortium of 120 organisations working at the intersection of ocean science, climate policy, and investment. Patricia has spent over 30 years building bridges between scientists, policymakers, and the private sector on one of the most urgent and underinvested challenges of our time: the health of the global ocean. Her radical truth: a healthy ocean is not just an environmental priority. It is the planet's second chance.

In this episode:

• Why the combination of pollution, climate change, and overfishing is creating ocean dead zones — and what this means for the planet
• What solutions exist for reversing ocean decline — from nature-based solutions and biomimicry to marine protected areas and ecosystem restoration
• How to mobilise investment and political action for ocean protection at the scale the crisis demands
• What the Mediterranean — one of the world's most threatened seas — reveals about the global ocean challenge
• How the Ocean & Climate Platform is building science-based policy bridges across 120 organisations worldwide
• What opportunities exist for investors, businesses, and philanthropists who want to act on ocean health

The key insight: The ocean regulates our climate, produces half our oxygen, and feeds billions of people. Yet it remains one of the most underfunded areas of environmental action. Patricia Ricard has spent her career changing that — one policy, one partnership, one scientific breakthrough at a time.

⏱️ Episode Guide:

• 0:00 — Why oceans are dying and why this matters for all of us
• 0:X:XX — The scale of the crisis: dead zones, coral collapse, and biodiversity loss
• 0:X:XX — Nature-based solutions and biomimicry for ocean restoration
• 0:X:XX — The Ocean & Climate Platform: science meets policy at scale
• 0:X:XX — How to mobilise investment for ocean protection
• 0:X:XX — What a healthy ocean future looks like — and how to get there

👤 About Patricia RicardPatricia Ricard has been actively engaged in environmental protection for over 30 years and is President of the Paul Ricard Oceanographic Institute. Under her presidency, she has made the balance of ocean, climate, and biodiversity a priority, devoting her energy to raising awareness among policymakers and the public. Iucncongress2025 She is Vice-President and co-founder of the Ocean and Climate Platform, a consortium of 120 organisations acting for ocean protection and science-based policy, building bridges between science, academia, policymakers, and the private sector. Iucncongress2025 She has been Chair of the Paul Ricard Oceanographic Institute since 2005 and sat on its Board since 1986. From 2010 to 2015 she was a member of the French Economic, Social and Environmental Council. Pernod Ricard She is a granddaughter of Paul Ricard, who founded the Institute in 1966 following one of the first cases of industrial pollution in the Mediterranean. Patricia was named by President Macron as leader of the French civil society delegation to key international ocean summits, and holds the Officier rank in the French Ordre du Mérite Maritime.

For anyone working in ocean finance, nature-based solutions, ESG, or climate policy — this episode is essential listening.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.🌐 tbligroup.com

#OceanHealth #PatriciaRicard #PaulRicardInstitute #OceanClimate #MarineConservation #ImpactInvesting #ESG #TBLI #TBLITalk #NatureBasedSolutions #BlueEconomy #CoralReefs #Biodiversity #OceanFinance

In this TBLI Talk, Robert Rubinstein sits down with Leonie Schreve, Managing Director and Global Head of Sustainable Finance at ING Group — one of the world's leading banks in green and sustainability-linked finance. ING issued its first green bond in 2015, pioneered the world's first sustainability-linked loan in 2017, and has since become a benchmark for how major financial institutions can integrate sustainability into core banking strategy. Leonie's radical truth: we cannot afford to take small steps. The credibility of the entire sustainable finance market depends on ambition, integrity, and refusing to settle for greenwash dressed up as progress.

In this episode:

• How ING approaches sustainable investment in infrastructure through green bonds and sustainability-linked finance
• What the risks and opportunities are for banks and investors in the green bond and green loan markets
• Why quality matters more than quantity in sustainable finance — and how to tell the difference
• How sustainability-linked loans tie financing directly to a company's ESG performance — and why this changes corporate behaviour
• What the EU Green Bond Standard and regulatory developments mean for the future of the market
• Why companies with credible sustainability strategies carry lower credit risk — and how banks can price that differently

The key insight: Sustainable finance is not a niche product line. It is the coming together of sustainability, corporate strategy, and funding — and the companies that understand this are better positioned for the transition to a net-zero economy. But the market's credibility depends on everyone raising their standards together. ING cannot afford to take small steps. Neither can anyone else.

⏱️ Episode Guide:

• 0:00 — How ING approaches sustainable investment in infrastructure
• 0:X:XX — Green bonds vs sustainability-linked loans: what's the difference?
• 0:X:XX — Risks and opportunities in the green finance market
• 0:X:XX — How to protect market integrity and avoid greenwash
• 0:X:XX — ING's Terra approach: measuring climate impact across lending portfolios
• 0:X:XX — What the future of sustainable finance looks like

👤 About Leonie SchreveLeonie Schreve is Global Head of Sustainable Finance at ING, leading the bank's commercial sustainability efforts across its wholesale banking client base through innovative green finance structures including green bonds, green lending, sustainability-linked products, equity, and sustainable advisory. Efx She has represented ING on the board of the United Nations Environment Programme Finance Initiative (UNEP FI) Banking Commission and served as Chair of the Equator Principles Steering Committee. Efx ING issued its first green bond in 2015 and has since funded over €27 billion to clients working to address environmental challenges, with a goal to double its climate finance portfolio. edie ING was the first bank to link financing to a client's sustainability performance, pioneering the sustainability-linked loan market now worth hundreds of billions globally. ING

For anyone working in green finance, sustainable infrastructure investment, ESG banking, or the future of capital markets — this episode is essential listening.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.🌐 tbligroup.com

#GreenBonds #LeonieSchreve #ING #SustainableFinance #ESG #ImpactInvesting #TBLI #TBLITalk #SustainabilityLinkedLoans #GreenInfrastructure #ClimateFinance #NetZero #GreenBondMarket #ResponsibleBanking #ParisAgreement

In this TBLI Talk, Robert Rubinstein sits down with Michael Madden, founder and Managing Partner of Ronoc and founder and Chairman of OnGo, Myanmar's leading digital payments business. With over 30 years of experience operating in some of the world's most volatile and underserved markets — from post-Soviet Russia to Mongolia to Myanmar — Michael has built businesses through coups, genocides, financial crises, and political upheaval. His radical truth: the riskiest markets on earth are often the most important ones for impact — and for investors who truly understand them, also among the most rewarding.

In this episode:

• How to create impact through financial inclusion in frontier and emerging markets under extreme conditions
• What it takes to build and lead a business when the political environment collapses around you — lessons from Myanmar
• Why frontier fintech is one of the most powerful tools for financial inclusion in markets where traditional banking fails
• How Ronoc's impact-first approach to investing in Central and Southeast Asia creates both financial returns and social value
• What investors need to understand about operating in markets characterised by turmoil, instability, and institutional fragility
• What leadership looks like when everything goes wrong — and why resilience is the defining skill of the frontier investor

The key insight: In frontier markets, the absence of financial infrastructure is not only a risk — it is the opportunity. Building the systems that allow ordinary people to access finance, make payments, and save money creates the foundations for economic development. Michael Madden has spent 30 years doing exactly that, in places most investors are too cautious to enter.

⏱️ Episode Guide:

• 0:00 — Why frontier markets matter for impact investors
• 0:X:XX — Building OnGo in Myanmar through political crisis
• 0:X:XX — Lessons from Renaissance Credit: building a bank from scratch in Russia
• 0:X:XX — What financial inclusion looks like on the ground in Southeast Asia
• 0:X:XX — How to assess and manage risk in the world's most unstable markets
• 0:X:XX — Leadership lessons from 30 years in emerging markets

👤 About Michael MaddenMichael Madden has over 30 years of experience in financial services, built on inventive business intelligence, the ability to engage with international partners, and leadership as a consensus builder. He is Managing Partner of Ronoc, an investment business focused on Central and Southeast Asia, and founder and Chairman of OnGo, a market-leading digital payments business he launched in Myanmar in 2016. Eventbrite Prior to founding Ronoc in 2007, he was the founding CEO of Renaissance Credit, the third largest consumer finance bank in Russia, established in 2003. From 1993 to 2003 he was involved in cards and banking across Eastern European markets at American Express. THE ORG Ronoc specialises in emerging markets with a focus on retail financial services and fintech, bringing a strategic and hands-on approach to impact investing that seeks to improve access to financial services in emerging markets. PR Newswire He is the longest-serving board director of XacBank in Mongolia, where Ronoc is a significant shareholder.

For anyone working in frontier market investment, fintech, financial inclusion, or impact investing in difficult environments — this episode is essential listening.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.🌐 tbligroup.com

#FrontierMarkets #MichaelMadden #Ronoc #OnGo #Myanmar #FinancialInclusion #ImpactInvesting #ESG #TBLI #TBLITalk #Fintech #EmergingMarkets #Mongolia #XacBank #LeadershipInCrisis

Before ESG was a buzzword, before impact investing had a name, and before any major financial institution offered responsible investment products, Amy Domini was building the infrastructure for a movement. Thirty years on, she is still asking the hardest questions.

In this TBLI Talk, Robert Rubinstein sits down with Amy Domini — founder of Domini Impact Investments, co-founder of KLD Research & Analytics, and creator of the Domini 400 Social Index, now the MSCI KLD 400 Social Index. Named to TIME Magazine's list of the 100 most influential people in the world, Amy is widely considered the mother of socially responsible investing in the United States. Her radical truth: ESG going mainstream is a victory — but it is not enough. The next 30 years must deliver real impact, not just better-screened portfolios.

In this episode:

• How the ESG and impact investing industry has evolved over three decades — from niche to mainstream
• Whether ESG has actually improved environmental and social outcomes — or primarily improved product offerings
• Why the relationship between investors and society is the most underused lever for systemic change
• What the proliferation of ESG ratings, funds, and frameworks means for quality and integrity
• What the impact investing industry must do differently to take impact to the next level
• What Amy's vision is for the industry over the next 30 years — and what it will take to get there

The key insight: Amy started asking clients in 1980 whether there were industries they would rather not invest in. Most said yes. That simple question — "does your money reflect your values?" — has grown into a multi-trillion dollar industry. But the question is no longer whether ESG can match market returns. The question is whether it is actually changing the world.

⏱️ Episode Guide:

• 0:00 — How Amy built the SRI ecosystem before it existed
• 0:X:XX — Has ESG gone mainstream — and at what cost to integrity?
• 0:X:XX — Has impact investing actually improved things?
• 0:X:XX — Shareholder advocacy as a tool for systemic change
• 0:X:XX — The next generation of impact: what must change
• 0:X:XX — Amy's vision for impact investing over the next 30 years

👤 About Amy DominiAmy Domini is the founder and CEO of Domini Impact Investments and one of the founders of KLD Research & Analytics. In 1990, with partners Peter Kinder and Steve Lydenberg, she created the Domini 400 Social Index — now the MSCI KLD 400 Social Index — the world's first socially and environmentally screened stock market index. In 1991 she founded the Domini Social Impact Equity Fund, the first index fund based on social and environmental standards. Wikipedia Domini became a founding signatory to the United Nations-backed Principles for Responsible Investment and successfully advocated for the inclusion of corporate sustainability reporting in the UN Sustainable Development Goals framework. Domini She is the author of multiple books including Socially Responsible Investing: Making a Difference and Making Money and Ethical Investing, and has been named to TIME Magazine's list of the world's 100 most influential people. Wikipedia

For anyone who cares about the past, present, and future of ESG and impact investing — this episode is essential listening.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.🌐 tbligroup.com

#AmyDomini #DominiImpactInvestments #ESG #SRI #ImpactInvesting #TBLI #TBLITalk #KLDIndex #SociallyResponsibleInvesting #SustainableFinance #ShareholderAdvocacy #ResponsibleInvesting #SystemsChange #ImpactPioneer #FutureOfESG

In this TBLI Talk, Robert Rubinstein sits down with Sean Kidney, co-founder and CEO of the Climate Bonds Initiative — the organisation that has done more than any other to build, shape, and defend the integrity of the global green bond market since 2009. Sean has been at the centre of the green bond revolution from the very beginning: advising the UN Secretary General, shaping the EU Taxonomy, working with the People's Bank of China on its green finance standards, and helping grow a market from $10 billion a year to over $2 trillion. His radical truth: finance can and must follow the money into climate solutions — but only if we are rigorous about what "green" actually means.

In this episode:

• What green bonds and climate bonds actually are — and how to tell the real ones from the greenwash
• Whether green bonds are truly delivering low- or zero-carbon outcomes — or just repackaging business as usual
• How the EU Taxonomy is reshaping the green bond market and what it means for issuers and investors
• What it will take to scale green bond issuance to the levels needed for a net-zero economy
• Why supply — not demand — remains the critical bottleneck in the green bond market
• Sean's vision for a net-zero aligned global capital market — and how green bonds get us there

The key insight: Green bonds work on a simple principle: "Follow the Money." Get finance to decide it has to change, then find ways for that money to express itself. The green bond market has proven that capital can be redirected at scale. The question now is whether it is moving fast enough — and whether the standards hold.

⏱️ Episode Guide:

• 0:00 — What green bonds are and why they matter
• 0:X:XX — Are green bonds really green? The standards question
• 0:X:XX — How the EU Taxonomy is changing the market
• 0:X:XX — Why supply is the biggest bottleneck in green bond growth
• 0:X:XX — Green bonds and the path to a net-zero economy
• 0:X:XX — Sean's vision for climate finance at the scale the crisis demands

👤 About Sean KidneySean Kidney has been central to the growth of what is now a USD 2 trillion global green bond market and has served as CEO of the Climate Bonds Initiative since co-founding the organisation in 2009. He focuses on promoting investment priorities for climate and green bonds, how governments can take advantage of the green bond market, and the development of international collaborations. H Climate Bondse has served as a member of the EU Technical Expert Group on Sustainable Finance, a member of the People's Bank of China Green Finance Task Force, the European Commission's High Level Expert Group on Sustainable Finance, and as a consultant on green bonds to the United Nations Secretary General. H SOASe is also a Professor in Practice for Sustainable Finance at SOAS University of London. H Climate Bondsis background is in stakeholder communications, social change strategy, and issues marketing, previously including advisory work for major Australian pension funds.

Climate BondsFor anyone working in green finance, sustainable bonds, climate policy, or the future of capital markets — this episode is essential listening.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.🌐 tbligroup.com

#GreenBonds #ClimateBonds #SeanKidney #ClimateBondsInitiative #NetZero #ESG #ImpactInvesting #TBLI #TBLITalk #EUTaxonomy #SustainableFinance #ClimateFinance #GreenBondMarket #ParisAgreement #CapitalMarkets

In the wealthiest nation on earth, people are being arrested for not having a functioning toilet. This is America's dirty secret — and Catherine Coleman Flowers has spent two decades refusing to let the world look away.

In this TBLI Talk, Robert Rubinstein sits down with Catherine Coleman Flowers — 2020 MacArthur Fellow, founder of the Center for Rural Enterprise and Environmental Justice, and author of Waste: One Woman's Fight Against America's Dirty Secret. Named to TIME's 100 Most Influential People and called the "Erin Brockovich of Sewage," Catherine has turned the invisible crisis of rural sanitation into a national and global conversation about race, poverty, climate, and human dignity. Her radical truth: inadequate sanitation is the product of systemic racism, geographic neglect, and a failure of political will — and it is far more widespread than America admits.

In this episode:

• How sanitation infrastructure failure in rural America perpetuates systemic racial, class, and geographic inequality
• What Catherine found in Lowndes County — hookworm, raw sewage in yards, people arrested for not affording septic systems
• Why the environmental justice movement in rural America is as urgent as any climate fight
• How sanitation failure, climate change, and public health collapse are interconnected
• What it takes to bring a problem "out of sight, out of mind" to Congress, the United Nations, and the White House
• What the path forward looks like: policy reform, technological innovation, and community power

The key insight: A British reporter taken to Lowndes County said he had seen sewage conditions like this in India — but never expected them in the United States. That shock is what Catherine has weaponised. People who flush and forget have a privilege they don't know they have. She is determined to make sure they find out.

⏱️ Episode Guide:

• 0:00 — America's dirty secret: sanitation inequality and who it affects
• 0:X:XX — Lowndes County: from Bloody Lowndes to Ground Zero for environmental justice
• 0:X:XX — Hookworm, raw sewage, and diseases of poverty nobody expected to find
• 0:X:XX — Sanitation failure and climate change: the intersection
• 0:X:XX — Taking the fight to Congress, the UN, and the White House
• 0:X:XX — What justice looks like — and what it takes to get there

👤 About Catherine Coleman FlowersCatherine Coleman Flowers is an environmental activist and founding director of the Center for Rural Enterprise and Environmental Justice, building partnerships across social scales to address water and sanitation infrastructure, public health, and economic development. MacArthur Foundation Her collaboration with tropical disease researchers found hookworm prevalent in Lowndes County — long thought eliminated from the South — prompting CDC action nationally. She has been named to TIME's 100 Most Influential People, received the 2025 TIME Earth Award, and was awarded a MacArthur Fellowship in 2020. Austin Community College She served as Vice Chair of the Biden Administration's inaugural White House Environmental Justice Advisory Council.

For anyone working in environmental justice, climate, public health, or impact investing in underserved communities — this episode is essential listening.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.🌐 tbligroup.com

#CatherineColemanFlowers #EnvironmentalJustice #Sanitation #RuralAmerica #WasteBook #ImpactInvesting #ESG #TBLI #TBLITalk #LowndesCounty #ClimateJustice #MacArthurFellow #PublicHealth #RacialJustice #HumanDignity

He spent 20 years helping the health insurance industry deny coverage, kill reform, and deceive the American public. Then he walked away — and told the world everything.

In this TBLI Talk, Robert Rubinstein welcomes back Wendell Potter — former VP of Corporate Communications at CIGNA, New York Times bestselling author, and the only health insurance industry insider ever to publicly blow the whistle on the system he helped build. Time Magazine called him the ideal whistleblower. Bill Moyers called him a straight shooter. Michael Moore called him the Daniel Ellsberg of corporate America. His radical truth: the US healthcare system is not broken. It is working exactly as designed — for Wall Street, not patients.

In this episode:

• How the US healthcare system is structured to protect profits over patients — and what that costs ordinary Americans
• What Wendell saw from the inside: coverage cancellations, "purging" sick policyholders, and corporate PR designed to kill reform
• Why he correctly predicted in 2010 that the Affordable Care Act would increase insurance industry profits — and how they gamed the system
• Why Medicare for All is the only economically and morally coherent solution — and what stands in the way
• What Medicare Advantage really is — and why critics like Wendell call it Medicare Disadvantage
• How to break from the destructive healthcare system in the USA — and what genuine reform would look like

The key insight: Health insurers have been successful at exactly two things: making money and convincing the American people they are essential. They are neither. Wendell Potter spent 20 years perfecting those lies — and has spent the decade since dismantling them.

⏱️ Episode Guide:

• 0:00 — How Wendell went from industry insider to the industry's worst nightmare
• 0:X:XX — What he saw inside CIGNA that changed everything
• 0:X:XX — How the ACA was gamed — exactly as he predicted
• 0:X:XX — The case for Medicare for All: economic and moral
• 0:X:XX — Medicare Advantage: neither Medicare nor an advantage
• 0:X:XX — How to break from America's destructive healthcare system

👤 About Wendell PotterWendell Potter is a New York Times bestselling author and former health insurance industry communications director. He is the first and only health insurance insider to have publicly criticised the industry's stance on the Obama healthcare reforms, and correctly predicted in 2010 that the Affordable Care Act would increase insurance industry profits. Wikipedia He is the author of two bestselling books — Deadly Spin and Nation on the Take — and founder of Tarbell.org, a nonprofit investigative journalism site exposing corporate influence on healthcare, energy, and democracy. Modern Health Talk He has testified before Senate and House committees, and now serves as president of Business for Medicare for All, the only national business organisation working for single-payer health insurance. Center for Medicare Advocacy

For anyone working in healthcare, social justice, impact investing, or the future of American democracy — this episode is essential and essential listening.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.🌐 tbligroup.com

#WendellPotter #HealthcareReform #MedicareForAll #CIGNA #Whistleblower #ImpactInvesting #ESG #TBLI #TBLITalk #USHealthcare #AffordableCareAct #HealthInsurance #SystemsChange #PublicHealth #HealthJustice

She spent 11 years inside Shell, surveying 35,000 frontline workers across 65 facilities in 30 countries. Then she emailed 1,400 executives to tell them exactly what she thought — and walked away.

In this TBLI Talk, Robert Rubinstein sits down with Caroline Dennett, Director of CLOUT Ltd and one of the most striking whistleblowers in the history of the fossil fuel industry. As Shell's senior safety consultant, Caroline had unparalleled access to the reality behind the company's public climate commitments. What she found was a complete disconnect: rigorous safety culture on individual worksites, and total silence on the most unsafe thing the company was doing — pumping CO2 into the atmosphere at an unsustainable rate. Her radical truth: you cannot claim a Goal Zero safety ambition while planning to extract more oil and gas than ever before. That is not safety. It is double-talk.

In this episode:

• What 11 years of safety culture research inside Shell's global operations revealed about leadership, climate, and corporate denial
• Why Shell's net-zero pledges are, in Caroline's assessment, a complete greenwash — and what the data from half a million words of employee feedback shows
• What it costs — personally and professionally — to publicly fire a major client over values
• How safety culture and climate culture are linked — and why leadership determines both
• What genuine corporate leadership on climate would actually look like
• How to drive systems change when organisations refuse to join the dots

The key insight: Caroline asked a Shell colleague dealing with 42 inches of rain in 24 hours on a site in Houston: is this climate change? They recognised it was. But Shell wouldn't take responsibility for it. What's the point in focusing on individual safety if you ignore the most unsafe thing you do as a company?

⏱️ Episode Guide:

• 0:00 — Why Caroline publicly resigned from Shell after 11 years
• 0:X:XX — What 35,000 employee surveys revealed about Shell's climate culture
• 0:X:XX — Safety culture, leadership, and climate denial: the connection
• 0:X:XX — The personal cost of walking away from 60–70% of your business
• 0:X:XX — What genuine corporate climate leadership looks like
• 0:X:XX — How to drive change when organisations refuse to act

👤 About Caroline DennettCaroline Dennett is Director of CLOUT Ltd and a social researcher and safety consultant. In the aftermath of the Deepwater Horizon disaster, she was commissioned by Shell to design a safety culture diagnostic tool, and for over a decade surveyed 35,000+ frontline employees and contractors across 65+ facilities in 30+ businesses in the global petrochemical sector. Climate One In May 2022 she publicly withdrew her services from Shell, citing their lack of leadership in addressing environmental crises and zero ambition for a genuinely green and safe future. Her video announcement went viral and garnered international media coverage. Climate One She is also active in working to divest UK pension funds from fossil fuels. Workforclimate

For anyone working in ESG, corporate governance, climate leadership, or the future of responsible business — this episode is essential listening.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.🌐 tbligroup.com

#CarolineDennett #Shell #ClimateLeadership #Greenwash #Whistleblower #SafetyCulture #ESG #ImpactInvesting #TBLI #TBLITalk #FossilFuels #NetZero #ClimateAction #CorporateResponsibility #Divestment