Michael Hurley

Articles by Michael Hurley

  • Green bond round-up, 25 May 2018

    25 May 2018

    Electricity transmission operator TenneT successfully launched its eighth green bond, raising €1.25 billion ($1.5 billion).

  • ‘Worryingly complacent’ UK pension funds neglect climate risk

    25 May 2018

    Some of the largest pension funds in the UK are ‘worryingly complacent’ about the risks posed by climate change to investments, according to the Environmental Audit Committee (EAC).

  • EU set to announce legislative proposals on sustainability taxonomy

    23 May 2018

    The first legislative proposals on the European Union’s Sustainable Finance Action Plan will be released tomorrow, and are expected to give a firmer indication of its plans for its long-awaited taxonomy.

  • CBI updates green bond water criteria to accommodate natural capital

    23 May 2018

    Wetlands, watersheds and forests will become an acceptable use of proceeds for Climate Bonds Initiative (CBI)-certified green bonds under revised criteria.

  • North America lags Europe in applying ESG to smart beta, says FTSE Russell

    21 May 2018

    Asset owners in Europe are considering applying environmental, social and governance (ESG) considerations to smart beta strategies in far greater numbers than those in North America, a survey by FTSE Russell showed.

  • CPPIB to pay $1.4bn for Enbridge renewables assets

    11 May 2018

    The Canada Pension Plan Investment Board (CPPIB) has agreed to pay an initial CAD1.75 billion ($1.37 billion) for a 49% stake in 16 renewables assets.

  • £29bn UK pension pool unveils responsible investment strategy

    11 May 2018

    The £29 billion ($39 billion) Brunel Pension Partnership pool of 10 UK local government pension scheme (LGPS) funds has published its responsible investment strategy.

  • Aviva Life buys £100m Tideway green bonds

    11 May 2018

    UK-based Aviva Life & Pensions and an unnamed UK insurer have purchased a trio of green bonds worth £175 million ($237 million), issued by the developer of the Thames ‘super sewer’.

  • Water: managing risk and embracing opportunity

    10 May 2018

    More than 100 delegates gathered at Environmental Finance's conference on water, hosted by the London Stock Exchange, to discuss an investment opportunity worth about $7.5 trillion, writes Michael Hurley.

  • Green bond round-up, 9 May

    09 May 2018

    BBVA has tapped the green bond market with the largest ever green bond issue by a Eurozone financial institution.