Michael Hurley

Articles by Michael Hurley

  • More than 800 companies failing to price in carbon risk, CDP says

    12 October 2017

    More than 800 laggards are potentially at risk from future regulatory changes for carbon emissions because they don't have a plan to use internal carbon pricing, a report by CDP has found.

  • Mexican and Canadian pension funds buy $1.35bn of Enel renewables

    11 October 2017

    Canadian institutional investor Caisse de dépôt et placement du Québec (La Caisse) and a consortium of Mexican companies have paid $1.35 billion for a majority share in eight Enel wind and solar assets.

  • ABP says SDGs help it manage long-term risk

    10 October 2017

    Dutch civil service pension fund ABP says a customised taxonomy for investing in line with the UN Sustainable Development Goals (SDGs) will help it navigate long-term risk and return issues.

  • Finnish fund Elo joins IIGCC to strengthen engagement

    10 October 2017

    Finnish pension fund Elo has joined the Institutional Investors Group on Climate Change (IIGCC) to reinforce its new climate change strategy.

  • £2.1bn of inflows grow Impax assets by 61%

    09 October 2017

    A 61% growth in assets in the year ended 30 September has been reported by Impax Asset Management, with the firm now managing £7.26 billion ($9.54 billion).

  • Green Climate Fund makes $892m commitments

    06 October 2017

    The Green Climate Fund (GCF) has committed $500 million to a pilot programme that will finance REDD+ emissions reductions projects, and $392 million to fund another 11 climate finance projects in developing countries.

  • 40 Catholic institutions commit to fossil fuel divestment

    05 October 2017

    A group of 40 Catholic institutions has committed to divest from fossil fuels in what is the largest of any such agreement by the Catholic Church.

  • Northern Trust launches first European funds to track MSCI ESG index

    04 October 2017

    Two of Northern Trust's environmental, social and governance (ESG)-themed funds, of up to $550 million in size, will become the first in Europe to track the MSCI World ESG Leaders index.

  • Brunel Pension Partnership appoints EAPF's Ward as chief responsible investment officer

    02 October 2017

    The Brunel Pension Partnership (BPP) has appointed the Environment Agency Pension Fund's (EAPF) Faith Ward as chief responsible investment officer.

  • IREDA issues INR19.5bn masala bond and vows to smash renewables target

    29 September 2017

    A INR19.5 billion ($300 million) green "masala" bond has been issued by state-owned enterprise Indian Renewable Energy Development Agency (IREDA) - and the government says will play a key role in helping India smash its ambitious 175GW renewables target.