Michael Hurley

Goldman Sachs raises $1.6bn for climate impact fund

Goldman Sachs Asset Management has raised about $1.6 billion for its first private equity fund to make direct investments in companies for positive climate impact.

ISSB to discuss exemption of commercially sensitive information

ISSB materiality clarification positive for investors, PRI says

'Forward looking' nature and climate scenario launched

SEC climate disclosure rules slated for April release

Hotly anticipated rules on climate-related disclosures in the world's largest economy are slated to be published in April.

Financial institutions biodiversity guide boosted by COP15, says investor

A guide on biodiversity integration by financial institutions that looks to navigate difficulties including on data availability and consistency has been published by members of the Finance for Biodiversity Foundation (FfB).

Rise in climate finance likely to lower bond yields, says HSBC

A rise in debt as countries finance the transition to net zero greenhouse gas emissions is likely to lower interest rates and compress the yield investors can expect from bonds, according to research by HSBC.

Crack down on ESG 'ratings shopping', says BIS

Regulators should consider introducing measures to limit sustainability ratings providers' ability to justify "lenient" assessments of companies and financial institutions,...

EU says defence industry not excluded from sustainability taxonomy

The European Commission has advised companies that some activities in the defence industry can be identified as 'sustainable' under the EU's sustainability taxonomy.

COP15: Agreement adds impetus to investors' engagement, says UBS

The global biodiversity framework agreed at COP15 this week can add energy to investor engagement with companies on the topic of nature, according to a large asset manager.