Michael Hurley

Articles by Michael Hurley

  • Set sustainable lending policy to reap reward, emerging market banks told

    08 January 2019

    Banks operating in Southeast Asia and parts of Latin America have an ‘historic opportunity’ to reap multi-trillion-dollar benefits by adopting or improving their sustainable lending policies, according to Global Canopy.

  • Infrastructure investment to soar in 2019, says Foresight

    07 January 2019

    Infrastructure investments, including renewables, are likely to become increasingly attractive in 2019, as investors look to fend off increased market volatility, according to a survey of UK-based financial advisors.

  • Irish sovereign wealth fund divests from fossil fuel companies

    07 January 2019

    Ireland’s sovereign wealth fund has sold €68 million ($78 million) of its holdings in fossil fuels, with the country claiming it is among the first in the world to withdraw public money from such investments as part of a decarbonisation strategy.

  • EU unveils draft rules on ESG integration in investment advice

    04 January 2019

    Draft rules on how investment firms and insurance distributors should consider sustainability topics when they advise clients have been published by the European Commission.

  • Natixis launches sustainable equity fund

    04 January 2019

    Natixis Investment Managers has launched a sustainable equity fund, aiming to maximise exposure to non-US companies with a positive impact on the UN Sustainable Development Goals (SDGs).

  • NTR raises €229m for second renewables fund

    03 January 2019

    European infrastructure developer NTR has attracted commitments of €229 million ($260 million) for its second renewables fund, of which €145 million has been raised at first close.

  • Green bond round-up, 2 January 2019

    02 January 2019

    Automobile giant Toyota is set to return to the green bond market this month.

  • Sustainability bond issuance will surge to $220bn in 2019, says BBVA

    02 January 2019

    Global issuance of green, social and sustainability bonds will grow by almost one-third, to $220 billion in 2019, compared with the total for last year, BBVA has predicted.

  • EU Council agrees position on low-carbon benchmarks and disclosure requirements

    21 December 2018

    The Council of the EU has agreed its position on low-carbon benchmarks and sustainability-related disclosure requirements, signalling the start of discussions with the European Parliament to thrash out the final text.

  • Set climate targets, power sector told by investors with $11trn in assets

    20 December 2018

    Twelve of Europe’s highest-emitting power companies have been instructed to set out Paris-aligned transition plans by a group of investors with $11.5 trillion in assets under management (AUM), as they warn of the ‘potentially catastrophic’ effects of climate change.