Michael Hurley

TCFD-based guidance targets overhaul of 'opaque' portfolio alignment models

Best practice guidance for the financial sector to assess future alignment of investment and lending with the goals of the Paris Agreement

Prince Harry and Meghan become 'partners' in impact firm

FTSE Russell publishes GHG targets framework to help TCFD forward-looking analysis

A framework for corporate greenhouse gas (GHG) emissions reductions targets has been published by FTSE Russell

SBTi says its net zero standard will tackle 'weak' corporate target-setting

A standard for corporate net-zero target setting due to be published this month will require external verification in an effort to clamp down on "weak" and "inconsistent" pledges.

LGIM, Aviva join call for UK to mandate transition plans

Aviva Investors and Legal & General Investment Management (LGIM) are among organisations calling on the UK government to require large, listed companies to prepare and disclose 'transition' plans to reach net zero greenhouse gas emissions.

GIIN develops 'clean energy' theme for IRIS+ impact measurement

The Global Impact Investing Network (GIIN) has added a 'clean energy' theme to its IRIS+ Navigating Impact platform.

Nuveen launches natural capital, low-carbon infrastructure units

US investment manager Nuveen has launched new arms of its business to target natural capital and low-carbon infrastructure assets, in a move it says can help it address rapid growth in demand for such investments.

'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.