Michael Hurley

UK regulator urged to go beyond TCFD, and require social impact reporting

Listed companies, asset managers, life insurers and pension providers in the UK should be required to report on social factors as well as environmental factors, the regulator has been told.

Activist hedge fund Elliott 'pushing for separation of SSE's renewables arm'

Elliott Management is pushing for the break-up of Scottish utility SSE to realise value in its renewable energy business, according to reports.

Oil majors to pilot net zero model that pits winding-down as 'legitimate' strategy

BP, Eni, Repsol, Shell and Total are the first oil companies to agree to pilot an investor-led standard that is designed to improve comparability of transition plans, and "acknowledges winding-down as a legitimate strategy".

$850m timberland portfolio to aim for positive climate, biodiversity impact

A portion of BTG Pactual Timberland Investment Group's forestry portfolio valued at $850 million is to be managed with the aim of having a net positive impact on nature and the environment, as part of a tie-up with The Nature Conservancy (TNC).

Engine No. 1 likens ESG ratings to 'emojis'

The investment firm that rose to prominence by dealing ExxonMobil a bloody nose over its climate governance has taken aim at "flawed" ESG ratings, devising its own framework it considers superior.

UK regulator urged to bring forward asset manager TCFD disclosure obligations

Large asset managers and life insurers in the UK should be required to make climate-related disclosures next year, the country's Financial Conduct Authority (FCA) has been urged.

Transparency will be key to Nature Action 100, says Robeco

Transparency of the outcomes of engagement with companies on their biodiversity impact will be key to ensuring the burgeoning Nature Action 100 improves on its climate counterpart, Peter van der Werf tells Michael Hurley

Bain Capital Double Impact invests in clothing company

Outdoor clothing company Cotopaxi has drawn investment from Bain Capital Double Impact.

Draft CSRD climate reporting standard requires forward-looking data

APG, LGIM in big SDG-themed listed equities index investments

APG Asset Management has made an "initial investment" of about €1 billion ($1.2 billion)...