Michael Hurley

Articles by Michael Hurley

  • ECB considering 'tilting' asset purchases to avoid climate risks

    15 June 2021

    The European Central Bank is considering "tilting" its asset purchases toward issuers with plans to reduce their greenhouse gas emissions, a member of its executive board has revealed.

  • Largest ETFs 'hardwired to finance carbon-intensive assets', report says

    14 June 2021

    Policymakers have been urged to step in to help track primary market capital flows to fossil fuel companies, after research revealed that providers of major exchange traded funds (ETFs) continue to invest large amounts in new bond or share issues by these companies.

  • South Pole raises $25m for 'landscape resilience' impact fund

    14 June 2021

    South Pole has set a target to 'mobilise' $100 million in public and private capital with its Landscape Resilience Fund (LRF), which will invest in sustainable agriculture, forestry and small-scale farming in developing countries.

  • Big Society Capital invests in UK accommodation for homeless

    11 June 2021

    Big Society Capital plans to invest alongside the UK government to provide about 200 homes for rough sleepers and those at risk of homelessness.

  • Last chance to enter Impact Awards

    10 June 2021

    Entries to Environmental Finance's Impact Awards are set to close at midnight on Tuesday, 15 June.

  • Vontobel launches global impact equity fund

    10 June 2021

    Vontobel Asset Management has launched a global impact equity fund and hired Elena Tedesco to manage the fund.

  • KBI changes its mind on the sustainability of burning biomass

    10 June 2021

    KBI Global Investors said a reclassification of the way it judges the positive and negative impact of its own investments has seen its overall impact score drop compared with last year - with companies involved in burning of biomass and natural gas distribution behind the rerating.

  • Schafer Cullen launches water impact fund

    10 June 2021

    US-based asset manager Schafer Cullen Capital Management has launched a listed equities fund that will invest in companies it deems to have a positive impact on water quality and availability.

  • TCFD plans to recommend 'forward-looking' disclosures

    10 June 2021

    The Task Force on Climate-related Financial Disclosures (TCFD) secretariat plans to update its guidance to recommend signatories provide "forward-looking" information related to climate risks and opportunities over short-, medium-, and long-term time horizons.

  • IIRC, SASB merge to form Value Reporting Foundation

    09 June 2021

    The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) have confirmed their merger to form the Value Reporting Foundation.