Michael Hurley

Principles for Responsible Defence Investment aiming for mid-2026 publication

An investor group working on a set of global Principles for Responsible Defence Investment (PRDI) aims to present these in the second quarter of this year, according to one of its leading members.

Borrowers paying climate premium due to increased flood risk, say central bank researchers

Scope 3 disclosures emerge as battleground in California climate court case

'Minority view' that defence contributes to sustainability, despite EU guidance - AllianzGI

EU guidance that investments in defence can be classified as positively contributing to sustainability objectives is unlikely to change how investors approach the sector, according to one asset manager.

JPMorgan ditches proxy advisors in favour of AI-powered 'platform'

EU supervisors suggest banks, insurers 'justify' transition statements in ESG stress tests

Guidelines on ESG stress testing have been published that tell EU regulators to focus initially on exercises covering physical and climate transition risks and biodiversity loss, and consider expanding such tests to other sustainability topics.

'Risk of climate-driven financial collapse needs more attention'

Investors should push for 'global transition governance' to avert the worst climate impacts, sustainable finance supremo Steve Waygood tells Michael Hurley

US withdrawal from UNFCCC lambasted as mistake that will bear huge costs

US President Donald Trump has said the country will leave the UN Framework Convention on Climate Change (UNFCCC) which underpins the UN climate conference process, in a move several observers said would dramatically raise the costs to US business of climate change.

SEC chair's anti-ESG moves counterproductive, says conservative lobby group

China taxonomy pilot linked to $10bn in 'transition' loans, says PBoC