Michael Hurley

Articles by Michael Hurley

  • 'World's largest' green bond fund expands by one-third

    02 March 2018

    Swedish pension provider SPP's green bond fund has grown its assets by about one third in the past year, to SEK 3.7 billion ($462 million), as it achieved its three-year track record.

  • US firms failing to back emission reduction talk with targets, says Ceres

    02 March 2018

    More than half of the largest US companies with commitments to reduce their greenhouse gas (GHG) emissions have failed to set quantitative targets to achieve reductions, a study by Ceres shows.

  • Boralex seals €136 million deal to build five French wind farms

    01 March 2018

    Canadian renewables firm Boralex has attracted €136 million ($166 million) of financing to construct five wind farms in France, which have a combined output capacity of 112MW.

  • AP4 increases low-carbon commitments by SEK13bn

    01 March 2018

    The Fourth Swedish National Pension Fund (AP4) said its low-carbon index allocations now amount to almost one third of its entire global equity portfolio, having increased its commitments by SEK 12.6 billion ($1.9 billion) in 2017.

  • Green bond round-up, 28 February 2018

    28 February 2018

    Growthpoint Properties is set to become the first South African corporate green bond issuer.

  • Belgium plans to grow sovereign green bond to €10bn

    28 February 2018

    A €4.5 billion ($5.5 billion) sovereign green bond issued by Belgium this week is expected to grow to a size of about €10 billion within four years, the Belgian Debt Agency said.

  • TCFD needs to become mandatory to prosper, expert tells UK parliament

    27 February 2018

    A compulsory approach to reporting in line with the recommendations of the FSB's Task Force on Climate-related Financial Disclosures (TCFD) is necessary for the initiative's long-term survival, according to an expert.

  • Hermes spearheads Climate Action 100+ engagements with VW, Siemens

    23 February 2018

    Hermes Equity Ownership Services (EOS) is to pressure Volkswagen to increase its climate-related dialogue with shareholders as it spearheads a pair of Climate Action 100+ engagements.

  • 50 names to be added to Climate Action 100+ engagement hit list

    21 February 2018

    50 more corporates are to be added to the $28 trillion Climate Action 100+ initiative's list of targets for climate-related engagement.

  • Ireland reveals €22bn low-carbon 'investor roadmap'

    21 February 2018

    A vast public-private decarbonisation funding programme worth up to €21.8 billion ($26.9 billion) has been billed a "clear roadmap" for investors to fund Ireland's global green finance leadership ambitions.