Michael Hurley

Articles by Michael Hurley

  • Lack of detailed transition plans shows need for vigilance of climate 'leaders', NBIM says

    12 September 2024

    Research showing that no high-emitting companies with decarbonisation targets has detailed plans to reach these shows investors must remain vigilant to inaction - even by companies viewed as climate 'leaders', according to a manager of Norway's $1.7 trillion 'oil fund'.

  • Avoided emissions database ready for use from December, Mirova says

    12 September 2024

    A database that will 'standardise' the calculation of avoided greenhouse gas (GHG) emissions is set to be published ready for use from December, one of its financial institution backers has said.

  • Mirova creates research centre to spur blended finance with proof of impact

    12 September 2024

    Mirova has launched a research centre it says will catalyse blended finance and impact investments by combining the knowledge of its investment teams with academic research in under-examined areas, including through the creation of a blended finance database.

  • Shortage of EM investment opportunities obstructing decarbonisation, pension fund says

    12 September 2024

    The Church of England Pensions Board surveyed potential investment opportunities to contribute to "real world decarbonisation" in emerging markets - but came up short of ideas, it has said.

  • Amazon backs using SASB as basis for EU standards

    11 September 2024

    Retail giant Amazon and asset manager Capital Group have lent their support to calls for the EU to base its sector-specific sustainability reporting standards on those used in the IFRS S2 standards.

  • One-in-three big emitters have 1.5°C-aligned targets - but none have detailed transition plan, says TPI

    10 September 2024

    About 30% of the biggest corporate emitters of greenhouse gas emissions globally have long-term climate targets aligned with keeping warming to 1.5°C - but none have detailed plans on how to reach these targets, according to the Transition Pathway Initiative (TPI) Centre.

  • Sustainability thought leader of the year - EMEA: Mardi McBrien

    10 September 2024

    The long-serving sustainable finance expert identifies five trends that will shape the next few years of climate-related disclosures. Michael Hurley reports

  • Simplify 'major source of regulatory burden' of sustainability reporting, urges Draghi report

    09 September 2024

    The EU should simplify its sustainability reporting and due diligence framework as part of efforts to rescue the bloc from economic underperformance and promote its competitiveness internationally, according to a report by Mario Draghi.

  • UK firms facing 'cliff-edge' risks of fund name rule breach given reprieve by regulator

    09 September 2024

    Fund managers struggling to meet a looming deadline to comply with UK sustainability name rules have been given an extension by their regulator.

  • Natural gas is flashpoint in Australian taxonomy consultation

    09 September 2024

    Disagreements over whether gas should be included in Australia's taxonomy of sustainable finance activities have been exposed by responses to a consultation.