Michael Hurley

Articles by Michael Hurley

  • Impax to acquire sustainable investment firm Pax

    18 September 2017

    UK-based asset manager Impax is to acquire US firm Pax World Management, for an initial sum of $52.5 million, to grow its sustainable investment portfolio.

  • UK pension scheme NEST divests £27.2m from high carbon companies

    11 September 2017

    The UK's national workplace pension provider has divested £27.2 million from companies that it deems are not adequately adapting to a low-carbon economy, including Exxon Mobil and Royal Dutch Shell, it has said.

  • Green Investment Group makes £38m waste-to-energy investment

    08 September 2017

    The Green Investment Group has committed to invest £38 million ($50 million) in the construction of a 70MW waste-to-energy facility in the UK, alongside a syndicate of lenders.

  • Zurich promotes Köb to lead insurer's responsible investment

    07 September 2017

    Zurich's head of responsible investment Manuel Lewin has been promoted to become the Swiss insurer's head of risk strategy, and will be replaced by Johanna Köb.

  • MSCI ESG index outperforms benchmark over five years

    05 September 2017

    An ESG index developed by MSCI that excludes a small number of "red-flag" stocks and tilts the remaining constituents towards companies with strong sustainability performance has outperformed its benchmark by 39 basis points annually since 2012.

  • Moringa purchases stake in Brazilian agro-forestry project

    04 September 2017

    Agro-forestry fund Moringa has committed to a $6 million investment in Brazilian company Floresta Viva, a producer of heart of palm, a vegetable derived from the palm tree.

  • NN Group conducts carbon footprint analysis of investments

    01 September 2017

    Dutch insurer NN Group has published the results of its first carbon footprint analysis, and said the study could ultimately lead to divestment from companies judged to pose climate change transition risks.

  • US outpaces France as leader in 2017 green bond issuance

    30 August 2017

    Issuance in the US green bond market has overtaken that of France in terms of volume, with a total figure of $22.2 billion so far in 2017, a report by Swedish bank SEB has revealed.

  • The $9.5bn investment opportunity for water security in cities

    29 August 2017

    Nearly two-thirds of cities foresee a risk to their water supply as a result of climate change, creating a $9.5 billion investment opportunity in projects to help solve the problem, according to research by CDP.

  • BlackRock and Aviva Investors to speak at Green Equities 2017 conference

    25 August 2017

    Big hitters including Aviva Investors' Steve Waygood and John McKinley, director of the impact investing arm of the world's largest asset manager, BlackRock, have added their names to the stellar line-up of speakers at Environmental Finance's inaugural Green Equities 2017 conference.