Michael Hurley

Articles by Michael Hurley

  • Sustainability by proxy - Part one: Glass Lewis

    25 February 2019

    Countless investors rely on the advice of proxy voting providers to support their investment decisions. In the first of a four-part series, Michael Hurley asks are these firms doing enough to develop their guidance on environmental issues?

  • Green Climate Fund names Glemarec new executive director

    25 February 2019

    The Green Climate Fund (GCF) has named France’s Yannick Glemarec as its new executive director, seven months after his predecessor quit.

  • US consumer goods sector must up its low-carbon game, CDP says

    25 February 2019

    Major US companies in the fast-moving consumer goods sector, including Kraft Heinz, Estée Lauder and P&G, must up their game or risk falling foul of changing consumer demands and increased environmental regulation.

  • UNEP FI calls for impact investors to join legal working group

    22 February 2019

    Investors have been invited to join a working group to develop a ‘legal framework’ for impact investing by the UN Environment Programme Finance Initiative (UNEP FI).

  • FRR tightens coal exclusion criteria

    22 February 2019

    France’s Fonds de Réserve pour les Retraites (FRR) has tightened the criteria it uses to exclude coal from its investments.

  • Sharia-compliant energy transition investment fund launched

    21 February 2019

    The first Sharia-compliant investment fund looking to benefit from the energy transition has been launched.

  • Glencore bows to CA100+ over coal

    20 February 2019

    Mining giant Glencore’s pledge to curb its coal production capacity has been welcomed as a victory for investor engagement by Climate Action 100+ (CA100+) members.

  • Green bond round-up: Indonesia; Stora Enso; FMO;Quebec; DTE Electric; BBVA; Los Angeles MTA; Iowa; Nobina

    20 February 2019

    The Republic of Indonesia has issued its second sovereign green sukuk. The $750 million deal pays a coupon of 3.9% and will mature in 2024.

  • Investors urge steel sector to increase low-carbon tech spend

    19 February 2019

    A network of investors with more than $32 trillion in assets says it expects companies in the highly polluting steel sector to significantly increase spending on new technologies if they are to survive the energy transition.

  • Chinese institutions warned of mounting environmental litigation risk

    18 February 2019

    Chinese financial institutions are likely to face greater risk of litigation on environmental issues this year, Beijing-based consultancy SynTao Green Finance has warned.