Michael Hurley

Articles by Michael Hurley

  • ESG data files: Part five - the impact of the EU's taxonomy

    04 October 2019

    Will the EU's sustainability taxonomy reduce the reporting burden on companies, or could it be another weight on their shoulders? Michael Hurley reports

  • Pennsylvania set to join RGGI

    04 October 2019

    The US state of Pennsylvania, one of the US’s largest coal and natural gas producers, has agreed to join the Regional Greenhouse Gas Initiative (RGGI).

  • Green Investment Group plots future in green advisory services

    03 October 2019

    The Macquarie-owned Green Investment Group (GIG) has signalled its intention to increasingly muscle in on the ‘green advisory’ services market, amid the accelerating growth of the green bond market.

  • Norway’s oil fund to dump $5.9bn of equities in oil stocks

    02 October 2019

    Norway’s $1 trillion sovereign wealth fund is to “gradually phase out” about NOK54 billion ($5.9 billion) worth of stocks in crude oil producers, the country’s Ministry of Finance said.

  • UK introduction of ESG disclosure rules for pensions is ‘key milestone’

    02 October 2019

    The introduction of rules that require UK pension schemes to set out how they consider environmental, social and governance (ESG) factors in their investment strategy has been billed as an industry landmark.

  • TEG expects ‘massive domino effect’ of ESG benchmark disclosures

    01 October 2019

    A prominent member of the Technical Expert Group on Sustainable Finance (TEG) has predicted that recommendations for minimum disclosure requirements for most investment indexes “will have a massive domino effect” on companies publishing environmental, social and governance (ESG) information.

  • Insurance and Climate Risk Americas 2019

    30 September 2019

    Delegates at Environmental Finance’s Insurance and Climate Risk Americas conference in New York heard how climate-related legislation is racing up the agenda in the US, Michael Hurley reports

  • Investors can better communicate how they use TCFD reports, says Ontario Teachers’

    26 September 2019

    Investors could boost the success of the Task Force on Climate-related Financial Disclosures (TCFD) by better explaining how they use reports prepared in line with the initiative, according to one of the world’s largest pension funds.

  • A Canadian take on sustainability

    26 September 2019

    Canada's resource-intensive economy can be a sustainability transition model for others, Tiff Macklem, chair of Canada's Expert Panel on Sustainable Finance, tells Michael Hurley

  • UN Joint Staff Pension Fund announces coal divestment

    25 September 2019

    The UN Joint Staff Pension Fund (UNJSPF) plans to divest from publicly traded companies in the coal energy sector, and has ruled out making new investments in the sector across all asset classes.