Michael Hurley

Schafer Cullen launches water impact fund

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

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

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

Global Fund for Coral Reefs 'could grow beyond' $500m target

Environmental Finance celebrates World Oceans Day

To coincide with the UN World Oceans Day, Environmental Finance will host a thematic briefing afternoon focusing on oceans and the blue economy, to examine one of the most exciting areas of natural capital investment.

G7 backs mandatory TCFD reporting

The Finance Ministers and Central Bank Governors of the Group of Seven (G7) wealthy democracies have expressed their support for "moving towards mandatory climate-related financial disclosures", setting the stage for such reporting to become the norm across multiple jurisdictions.

People moves, 4 June: NGFS, BoE, SEB, Redington ... and more

Citi impact fund invests in fintech, healthcare companies

US bank Citi has invested an undisclosed amount, via its $200 million impact fund, in five companies active in the areas of financial technology, remote healthcare, energy efficiency and construction.

US Impact Investing Alliance calls for riskier community-based investments

Impact investors should be prepared to "take increasingly riskier positions" to send a positive signal to the rest of the market and highlight the opportunity for positive impact in underserved US communities.

TNFD launches with aim to give 'complete picture of nature-related financial risks'