Michael Hurley

'Definition of impact' could be followed by impact addition to France's SRI label

Greenwashing demands regulatory response, says IOSCO chair

'Greenwashing' risks undermining confidence in the global sustainable finance industry - but regulators are increasingly ready to combat disingenuous claims of positive environmental impact, according to an association of the world's securities and futures markets regulators.

OECD proposes G20 introduce policies to govern ESG data

The G20 group of the world's largest economies should consider introducing policies to strengthen ESG investment practices of investors, including to encourage greater comparability and alignment of environmental metrics in ESG ratings, the Organisation for Economic Cooperation and Development (OECD) has said.

Dedicated impact mandate for pensions 'could be key' to growth of market

Requiring pension funds to set aside a small part of their portfolio to invest for positive impact could help grow the market while still satisfying trustees' fiduciary duties, a webinar hosted by Environmental Finance heard. Michael Hurley reports.

Voting opens for Environmental Finance's 22nd Annual Market Rankings

Voting has begun in Environmental Finance's Annual Market Rankings - the largest and most closely watched survey of the world's environmental markets, which is now in its 22nd year.

Short selling not a shortcut to net zero, says ISS ESG

Investors who short sell a stock in anticipation that a company's market valuation will drop in line with broader societal efforts to cut emissions have been warned they must clarify that such strategies do not necessarily translate directly into real-world emissions reductions.

KLP among investors in €270m housing impact fundraise

Norway's KLP pension fund was among investors to commit about €270 million ($310 million) to an 'affordable' housing impact fund that incorporates a 'penalty clause' if the fund does not meet its impact or financial targets.

Two-thirds of SDGs set to be missed, M&G analysis suggests

A lack of investment means the world is on track to meet only six of the 17 UN Sustainable Development Goals (SDGs), according to analysis by M&G Investments.

Mirova targets climate 'innovation' with €300m impact fund

Mirova has launched its first private equity fund that targets a positive environmental impact, for which it aims to raise €300 million ($350 million) to invest in innovative companies in the early stages of their growth.

Elevar raises $33m for emerging markets social impact fund

Elevar Capital has so far raised about $33 million for its fifth India-focused fund, says a filing with the US Securities and Exchange Commission (SEC).