Michael Hurley

Articles by Michael Hurley

  • Water sustainability is investor ‘blind spot’, study suggests

    04 September 2018

    Water sustainability is a ‘blind spot’ for most large institutional investors, a survey of 20 large Netherlands-based investors has suggested.

  • Low-carbon index will use TPI to reward climate leaders, says pension fund

    03 September 2018

    A new low-carbon index will look to use analysis by the Transition Pathway Initiative (TPI) to increase or decrease the amount of capital allocated to listed companies based on their current and future performance on climate-related issues.

  • Renewables investors failing to assess risk adequately, says Amundi

    29 August 2018

    Investors in renewables assets often fail to assess risk adequately in a race to beat competition to projects, according to a senior Amundi executive.

  • Pension scheme supervisors to get international ESG guidelines

    29 August 2018

    More than 80 international private pension supervisors are to receive guidance on the application of environmental, social and governance (ESG) factors in the supervision of pension fund investment.

  • Bearing the standard for green bond growth

    24 August 2018

    As the green bond market has grown, a plethora of national and regional standards has sprung up. What do they bring to the market and are they necessary, ask Michael Hurley and Peter Cripps

  • World’s largest sovereign wealth fund urged not to pursue divestment

    24 August 2018

    Divestment of the oil and gas stocks in the Government Pension Fund Global (GPFG) “is not an effective insurance against a permanent decline in oil prices” and the stocks only contribute marginally to Norway’s oil price risk, according to a committee set up to explore the issue.

  • EU benchmark proposals should be abandoned, says think tank

    24 August 2018

    The European Commission’s proposed reforms to benchmark indexes are “too far from contributing to [their] objectives to be amended” and should be abandoned, according to 2° Investing Initiative.

  • Aztec signs up to Vitol-backed renewables fund

    23 August 2018

    Private equity firm Aztec Group has been chosen to administer the VLC Renewables Fund.

  • LGIM pressures international standards body to adopt TCFD

    21 August 2018

    Legal & General Investment Management (LGIM) has thrown its weight behind calls for the International Organization of Securities Commissions (IOSCO) to adopt harmonised climate risk reporting.

  • Will insurers keep up with the Jones?

    20 August 2018

    California's Insurance Commissioner Dave Jones has been threatened with US lawsuits for his efforts to act on climate-related risks. Undeterred, he hopes his work can now drive international action, he tells Michael Hurley