Michael Hurley

IIGCC engagement initiative 'is next chapter' after CA100+

The Institutional Investors Group on Climate Change (IIGCC) has launched an initiative to broaden investor engagement with corporates on climate change, beyond the largest companies covered by the Climate Action 100+ (CA100+) initiative.

NA100 to publish list of target companies in June, says Robeco

The Nature Action 100 (NA100) investor collaborative engagement initiative is expected in June to publish a list of companies that it will target, according to one of the initiative's members.

ECB says climate 'tilt' cut carbon intensity of bond purchases by 65%

The weighted average carbon intensity (WACI) of corporate bond purchases by the European Central Bank (ECB) was slashed by about 65%, following the introduction of a 'climate tilt' methodology to prioritise 'greener' issuers

AllianzGI launches sustainability data product

Allianz Global Investors has launched a sustainability data product which it says will enable its investment teams to better navigate the "ever more challenging ESG data landscape".

Biden vetoes Republican objection to ESG rule

UK FCA warns of action on ESG benchmark failings

The UK's Financial Conduct Authority (FCA) has warned it is prepared to take action to tackle poor disclosures by providers of ESG benchmarks, as it identified failings in several areas by all providers.

Combating inflation best way to support green investments, ECB says

The European Central Bank (ECB) has scotched a suggestion that it could introduce measures to insulate climate-themed investments from inflation, as it said ensuring price stability over the medium term is the best way to ensure inflation does not impair the energy transition.

EU's riposte to US green subsidies greeted with cautious praise

An initiative by the European Commission designed to secure its domestic supply chains for green technologies has been greeted with cautious praise by industry representatives.

UK confirms nuclear will be classified as sustainable in taxonomy

The UK chancellor has confirmed the country will classify nuclear energy generation as sustainable in its green taxonomy.

US regulator recommends creating category for environmental derivatives

A commissioner at the US Commodity Futures Trading Commission (CFTC) has recommended the creation of a team to tackle greenwashing in derivatives markets