Michael Hurley

Paris-aligned benchmarks boom but are they helping the transition? Part one

Asset owners are placing money in Paris-aligned benchmarks at a quickening rate but questioned whether they facilitate the transition. Michael Hurley reports

EU climate benchmark funds hit €58bn in assets

Funds managing assets in compliance with EU climate benchmarks have hit about €58.3 billion ($63 billion), according to estimates by the European Commission.

Impact investors seek contribution, not 'additionality'

Impact investors increasingly define the outcomes of their investments in terms of 'contribution' to positive impact, rather than seeking to define the difference they make using the divisive term 'additionality', a webinar heard.

Railpen welcomes proposed tightening of UK Corporate Governance Code

Pension fund Railpen has welcomed potential changes to the UK Corporate Governance Code to bolster the role of sustainability and ESG reporting in the responsibilities of company board and audit committees.

NGFS looks to develop 'short-term' climate scenarios

Lombard Odier launches 'electrification' listed equities fund

EU database for sustainability information to cover green bonds

Plans to create a free-to-use database of EU sustainability disclosures passed a key milestone, after politicians struck an agreement on its development which will extend its coverage to include green bonds.

'Just transition' guidance issued to harness trillions in investment

Guidance for fund managers on how to invest in a 'just transition' to net zero has been published, with the aim of harnessing trillions of dollars to support social objectives linked to the transition.

ASN Bank, Calvert Impact back financial inclusion impact investor

ESG ratings 'should link to EU taxonomy'