Michael Hurley

Food systems: Investment risk and opportunity, Part one

Moving to more sustainable food production is necessary to cut GHG emissions and biodiversity loss - but assessing risk and opportunity can be hard, Michael Hurley writes

IFRS Foundation calls for sustainability standards board nominees

The trustees of the IFRS Foundation have called for nominations for the roles of chair and vice-chair of the proposed 14-member International Sustainability Standards Board (ISSB) to develop global sustainability reporting standards for disclosures in corporate reports.

HSBC shareholders vote resoundingly for 2040 coal phase-out

More than 99% of HSBC shareholders backed a resolution put forward by the bank's management that the company phase out financing for the coal industry in the OECD by 2030, and by 2040 worldwide.

CBRE GI grows UK affordable housing fund

CBRE Global Investors has raised a further £120 million ($170 million) for its UK 'affordable' housing fund, having already deployed most of the £250 million of capital it raised in 2019.

NGFS makes rallying cry for globally consistent climate disclosures, taxonomy

The Central Banks and Supervisors Network for Greening the Financial System (NGFS) has called for "rapid convergence" around a common set of global disclosure standards and accelerated efforts towards "a minimally accepted global taxonomy".

Closed Loop Partners launches plastics recycling fund

Closed Loop Partners has raised $25 million from a group of corporates to invest in plastics recycling infrastructure.

UK institutional investors urged to make 'place-based' impact investments

Nuveen: Sustainability-linked bonds fail our impact credibility test

Nuveen has said the sustainability-linked bond structure is "lacking from the perspective of an impact investor" because such bonds do not require the issuer to specify how they will use the proceeds and because the measures designed to track sustainability progress can be "gamed".

Dutch financials publish SDG guidance

DNB and a group of Dutch financial institutions and corporates have published guidance on investment to support the UN Sustainable Development Goals (SDGs).

CREO lays out case for family office regenerative agriculture investments

'Regenerative agriculture' can be an important asset class in the portfolios of long-term investors like family offices, with a small but growing opportunity set in the area, a report by non-profit CREO says.