Terence Mordaunt

Terence Mordaunt (born May 1947) is co-owner of The Bristol Port Company.[1] He is also Chairman of Pendennis Shipyard Ltd. and Chairman of the climate science denial group Global Warming Policy Foundation.[2][3]

His company, First Corporate Consultants Ltd, donated £10,000 to Penny Mordaunt, a UK Member of Parliament in 2019.[4]

Mordaunt is a trustee of the Mordaunt Trust, along with family members Jonathan and Sharon Mordaunt, and Christopher Tite, a director of Mordaunt's company First Corporate Shipping Limited.

He is also a director of The Outward Bound Trust.[5]

He is estimated to be the 16th richest person in the South West of England.[6]

Early life and education

Mordaunt was educated at Wells Cathedral School.

He received an honorary LLD from the University of Bristol in 2000[7] and donated over £25,000 to the university in 2008/9.[8]

Career

Mordaunt is co-owner of the cargo handling business Bristol Port Company.[9] He and his business partner David Ord bought the Port of Bristol for £36m from Bristol City Council in 1991.[10]

He is also Chairman of Pendennis Shipyard Ltd, a Falmouth-based company that builds and refits luxury yachts, which had a turnover of £52m in 2017.[11]

Mordaunt is a member of The Society of Merchant Venturers, a private club whose membership is invited "from individuals who have been successful in their chosen area of business".[12][13]

Political views

Mordaunt is a Patron of Conservative Way Forward, a British pressure group based on Thatcherite principles.[14]

In April 2017 Mordaunt joined the board of the anthropogenic climate change denial think tank, Global Warming Policy Foundation (GWPF) run by Nigel Lawson, becoming chairman in 2019.[15] He told openDemocracy that "No one has proved yet that carbon dioxide is the culprit [of climate change]. It may not be", adding that "“If you ask me should we just put carbon dioxide in the air, I would say 'no'. And that is the stance of the Global Warming Policy Foundation".[16] In 2019, Mordaunt and Ord’s company gave Boris Johnson and Jeremy Hunt £25,000 each for their campaigns to become the Conservative party leader.[17][18]

According to Business Insider, Mordaunt and Ord have given over £640,000 to the Conservative Party since 2001. Mordaunt was listed as the 13th biggest donor to the pro-Brexit campaign.[19][20]

References
  1. "The Bristol Port Company". UK Ports.org. Retrieved 12 February 2020.
  2. "The Bristol Port multi-millionaire who leads a climate sceptic group". Bristol Post. 23 January 2020. Retrieved 12 February 2020.
  3. Mordaunt, Terence. "Terence Mordaunt". DeSmog UK. Retrieved 17 April 2020.
  4. "Penny Mordaunt". They work for you. 11 January 2020. Retrieved 12 February 2020.
  5. "The Outward Bound Trust". Open Corporates. Retrieved 12 February 2020.
  6. "20 richest people in the south west". Plymouth Herald. 4 July 2019. Retrieved 12 February 2020.
  7. "Honorary graduates - 1995-2015". Graduation. University of Bristol. Retrieved 4 February 2021.
  8. "Philanthropy" (PDF). 2008/09 Review of the Year. University of Bristol. Retrieved 4 February 2021.
  9. "Bristol Power List 2020". Bristol 247. 31 January 2020. Retrieved 14 February 2020.
  10. "The Rich List - Millionaires: 502-1000". The Times. 24 April 2016. Retrieved 12 February 2020.
  11. "Pendennis report record turnover". Maritime Industry News. 22 August 2018. Retrieved 12 February 2020.
  12. "Our Members". The Society of Merchant Venturers. Retrieved 2020-06-15.
  13. "FAQ". The Society of Merchant Venturers. Retrieved 2020-06-15.
  14. "Our Team". Forward!. Retrieved 2020-08-03.
  15. "UK climate change sceptics group is stronger than ever". The Institution of Engineering and Technology. 28 January 2020. Retrieved 14 February 2020.
  16. Gogarty, Connor (22 January 2020). "The Bristol Port multi-millionaire who leads a climate sceptic group". Bristol Live. Retrieved 4 February 2021.
  17. "Revealed: Climate change denier makes big donations to Boris Johnson and Jeremy Hunt". Open Democracy. 12 June 2019. Retrieved 12 February 2020.
  18. "Tory leadership donations: who's really backing Boris Johnson". The Guardian. 5 July 2019. Retrieved 14 February 2020.
  19. "Top Conservative donors hit out over fears Brexit 'will never happen'". Politics Home. 12 January 2019. Retrieved 14 February 2020.
  20. "The 21 biggest donors to the Brexit campaign". Business Insider. 9 May 2017. Retrieved 12 February 2020.
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