Michael Hurley

Articles by Michael Hurley

  • It's time for a Marshall Plan for the planet, says Aviva

    13 May 2019

    "A Marshall Plan for the planet" will be needed to help to pay for the trillions needed to build the clean infrastructure needed to combat climate change, Aviva Investors said.

  • AIIB issues $2.5bn sustainability-themed bond

    10 May 2019

    The Asian Infrastructure Investment Bank (AIIB) has issued its first 'global bond', worth $2.5 billion, to finance environmentally friendly infrastructure investment and promote environmental, social and governance (ESG) investing across Asia.

  • Green bond round-up: Orsted, Starbucks, Azure, Wapda, Greenworks ... and more

    08 May 2019

    Danish wind energy company Orsted plans to return to the green bond market with a multi-tranche transaction denominated in Sterling.

  • CPPIB to co-sponsor $600m renewables fund

    08 May 2019

    Canada Pension Plan Investment Board (CPPIB) has agreed to co-sponsor a renewable energy infrastructure investment trust with Indian conglomerate Piramal Enterprises.

  • HKMA policy change will look to favour green investments

    07 May 2019

    Hong Kong Monetary Authority (HKMA) has revealed it is to give priority to green and environmental, social and governance (ESG)-themed investments “if the long-term return is comparable to other investments on a risk-adjusted basis”.

  • Hong Kong prepares sovereign green bond

    07 May 2019

    Hong Kong plans to launch a roadshow of its inaugural green bond later this month, in what could mark the start of an issuance programme worth up to $13 billion.

  • Carbon Tracker creates disclosure model for oil & gas

    07 May 2019

    Carbon Tracker Initiative has set out what best-practice climate risk disclosure by upstream oil and gas companies should include, after the think-tank found that not one of these companies is providing close to the level of detail needed by investors.

  • CA100+ investors welcome BASF, RWE climate lobbying pledge

    03 May 2019

    Pledges by chemicals giant BASF and German utility RWE to review their lobbying activities on climate change have been welcomed by a group of investors including Union Investment, the Church of England Pensions Board and Sweden’s AP7 pension fund.

  • ‘World-first’ sustainable fund launches search for manager

    03 May 2019

    The search has been launched for managers of a planned ‘global sustainable energy innovation fund’, which looks to blend up to €3 billion ($3.4 billion) of public and private finance “to overcome the inherent funding challenges for disruptive sustainable energy innovations”.

  • Sustainable loan principles ‘key to unlocking gargantuan financing needs’

    02 May 2019

    Recently-launched Sustainability-Linked Loan Principles (SLLPs) are ‘key to supplying the gargantuan amount of financing’ required to meet the goals of the Paris Agreement, White & Case has argued.