Michael Hurley

CIP raises €1.3bn for 'green credit fund'

MAS sets transition planning rules for banks, insurers and asset managers

New York pension fund to renew push for banks to report energy financing

Some of the world's largest banks face renewed pressure to improve disclosure of the ratio of finance they provide to fossil fuels versus low-carbon alternatives, as a large US pension fund prepares shareholder proposals.

ISSB moving at 'warp speed' as it targets nature standards this year - but 'don't expect metrics' yet

The International Sustainability Standards Board (ISSB) will likely decide by June whether nature will be given a standalone set of standards, or incorporated into its other standards, according to one of the group's members.

EU nature credits work 'is cause for optimism for future of market'

An expert group to advise the European Commission on designing an EU market for nature credits is cause for "optimism" that a dedicated framework can allay fears linked to greenwashing, according to Qarlbo Biodiversity

Disagreement on SASB work shows need for investor input, Nat Cap conference hears

Investors have been urged to share their views on draft sector-specific standards for agriculture and foodstuffs, as a member of the International Sustainability Standards Board (ISSB) explained why he disagreed with parts of proposed standards.

Asset managers call for institutional investor 'opt-out' of SFDR

Funds marketed only at "professional investors" should be able to "opt out" of disclosure and categorisation obligations in an overhauled Sustainable Finance Disclosure Regulation (SFDR), the EU's largest asset management association argued.

US managers exiting NZAM 'will be expected to prove' sustainability credentials

US asset managers who left the Net Zero Asset Managers initiative will be expected to prove their stewardship activity keeps pace with industry best practice, according to a UK pension fund.

US Pace-style property programmes poised for global spread, GFI says

Programmes designed to finance clean energy upgrades to property that are modelled on a US initiative are poised for rapid adoption internationally, including in the UK, according to the Green Finance Institute (GFI).

Investors urge reform of GHG Protocol renewables accounting

Investors have urged the GHG Protocol to change its standards to ensure companies' claims more accurately link renewable energy purchases to the time and place the energy was produced and consumed.