Maison Martin Margiela for View on Colour
04/02/1998

WHAT IS COLOUR?
An intensity, a temperature, a clash, a harmony.

AND HOW DO YOU USE?
When it asks.

WHAT IS BLACK?
An absence, a presence, a mood, a mantle.

WHAT IS RED?
A blush, a flush, a command.

WHAT IS SKIN?
A protection.

WHAT IS FABRIC?
A medium.

WHAT IS TEXTURE?
A result of time.

WHAT IS CONSTRUCTION?
A means to an and.

WHAT IS FUNCTION?
A replay to a need.

WHAT IS ART?
A need to reply.

WHAT IS CRAFTSMANSHIP?
A fruit of time.

WHAT IS CLOTHING?
The final layer.

WHAT IS FASHION?
A series of propositions.

WHAT IS RECYCLING?
Another chance.

HOW DOES THE RECYCLING FIT INTO YOUR WORK?
By nature.

HOW DOES A CONCEPT DEVELOP AT MAISON MARTIN MARGIELA?
Time, a question, a replay.

HOW DOES A CONCEPT DEVELOP AT HERMES?
Time, another question, another replay.

WHAT WOULD YOU LIKE TO DEVELOP? BESIDES CLOTHING?
An understanding.

WHAT WORDS DO YOU LIVE BY?
We.

专注于雄心壮志,信贷气候框架。

Focus on ambition, A climate framework for credit.

1. Challenging though it may be, climate ambition should be a key criterion when embedding net zero into corporate bond portfolios.

2. A new approach to net zero investing.

① As climate change rises up the global agenda, the need for investors to play their part in facilitating the transition to net zero is becoming more apparent.

② Partly as a result, many ESG strategies have a climate overlay, prioritising the “E” factor over “S” and “G”.

③ Historically, this has involved measuring issuers’ current carbon footprints and constructing climate strategies on the basis of that.

3. Why climate ambition?

There are three key reasons why investors should construct climate strategies on a forward looking basis, rather than past emissions.

① It is likely to have a bigger impact on future carbon emissions.

An investment strategy that rewards firms that are green today or have already shrunk their carbon footprint, is equivalent to losing sight of the forest for a few trees.

② There is pressure from policymakers and standard setters for investors to incorporate forward looking metrics into their climate strategy.

The Bank of England recently announced that its corporate QE purchases will soon be guided by companies’ plans to cut emissions (The BoE pursues net zero, 26 May 2021).

③ ESG and climate factors are fast becoming part of mainstream investing.

At the issuer level, firms that fall foul of certain ESG standards could find themselves ostracised, as is already the case for tobacco bonds.

外媒報導:
Nuclear Bombers Over Taiwan: China Flexes Military Muscles... AGAIN!

25 Chinese planes moved into Taiwan's airspace on Friday in an apparent show of force. 18 J-16 jets, four SU-30s, two nuclear-capable H-6 bombers and a Y-8 spy plane were part of the largest incursion in months.

Fighters were scrambled in response while warnings were broadcast and missile defenses activated, Taiwan’s military stated.
外媒報導:
核轰炸机在台湾上空:中国再次展示军事力量!
25 架中国飞机周五进入台湾领空,明显是在展示武力。18 架 J - 16 战斗机、 4 架 SU - 30s 、两架具备核能力的 H - 6 轰炸机和一架 Y - 8 侦察机是数月来最大规模入侵行动的一部分。
台湾军方称,战斗机在广播警告和启动导弹防御系统的同时紧急起飞进行回应。


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