Michael Hurley

UN fund makes $41m SDG blended finance investments

The UN's Joint Sustainable Development Goals (SDGs) Fund has committed to invest in a series of projects aimed at contributing to the Global Goals.

Use SFDR draft standards as reference point, ESAs say

Financial institutions in the EU should "use as a reference" draft technical standards for sustainability-related disclosures until the standards formally enter into force, the three European Supervisory Authorities have said.

News Round-up: RBC, Barclays, NBIM, ISS, Greencoat and more

IOSCO offers to help IFRS coordinate global disclosure standards

The International Organization of Securities Commissions (IOSCO) has offered to establish an expert group that would help the IFRS coordinate development of its proposed global sustainability reporting standards.

Private equity set to drive impact fundraising rebound

Private equity fund managers are leading a charge of impact investors looking to raise a combined €140 billion ($170 billion), data from Phenix Capital reveals - a sum that suggests coming months could see a dramatic rebound in impact allocations after Covid-19 dampened last year's total.

WBA prepares ranking of food, agriculture, oil & gas giants

Food, agriculture, oil & gas giants including Nestle, PepsiCo, Shell, BP and Exxon are set to be ranked for their contribution to the UN Sustainable Development Goals (SDGs) and the Paris Agreement in line with new assessments.

Exxon urged to implement net zero targets, board reshuffle

A model for Future-Fit disclosure

Investors could benefit if a benchmark for 'Future-Fit' businesses achieves global uptake, Martin Rich tells Michael Hurley

Sustainable cities VC fund raises €130m to invest in 'gigacorns'

Nordic real estate investor NREP has raised €130 million ($158 million) at first close of its 2150 venture capital fund to invest in technology that helps "accelerate a sustainable transition of the built environment" in cities.

2020 saw 'significant growth and diversification' of impact managers

Major impact investment managers reported a $47 billion rise in combined assets under management in a single year, updates to a database of fund managers reveal.