Michael Hurley

Articles by Michael Hurley

  • HSBC includes climate among its ‘top and emerging risks’

    08 April 2019

    London-based bank HSBC has included climate-related risk in its list of ‘top and emerging risks’ for the first time.

  • Investors up pressure on mining companies to disclose

    08 April 2019

    A group of investors with $10.3 trillion in assets has demanded that mining companies provide disclosures, within 45 days, on every tailings facility under their control.

  • People moves: ING, Natixis CIB

    05 April 2019

    Xiaofei Guo has been promoted to become vice president of sustainable finance at ING.

  • Norway’s oil fund opens door to investments in unlisted renewables

    05 April 2019

    Norway’s $1 trillion sovereign wealth fund is to be allowed to invest in unlisted renewables assets, following a decision by the country’s finance ministry.

  • GBPs publish green buildings impact reporting guidance

    05 April 2019

    A ‘harmonised framework for impact reporting on green building projects’ has been published by the Green Bond Principles (GBPs).

  • ESG-compliant pension product gets EU Parliament approval

    04 April 2019

    A proposal for an ESG-compliant Pan-European Personal Pension Product (PEPP) that could unlock €700 billion ($785 billion) in assets by 2030 has won EU Parliamentary approval.

  • Climate-threatened sovereigns can get multilateral development credit boost, Moody’s says

    04 April 2019

    Moody’s Investors Service has predicted ‘substantial’ growth in the role of multi-lateral development banks (MDBs), as countries that are particularly vulnerable to the effects of climate change look to increase their resiliency and, in turn, strengthen their credit profile.

  • 'First' UCITS fund with carbon offset facility launched by BNP

    29 March 2019

    BNP Paribas Asset Management has launched what it claims is the first European collective investment scheme to incorporate a carbon offset facility.

  • City of London sets Green Finance Institute launch date

    29 March 2019

    The City of London Corporation’s Green Finance Institute will be launched on 2 July, it has been revealed.

  • Sustainability taxonomy passes through EU Parliament

    28 March 2019

    The EU’s taxonomy of sustainable activities has been approved by the European Parliament, paving the way for its adoption into regulation later this year.