Michael Hurley

EIOPA proposes 'impact underwriting' to address climate risk

Insurers can contribute to climate adaptation and mitigation efforts by developing new insurance products that incentivise policyholders to mitigate insured risks - thereby implementing 'impact underwriting', the European regulator has said.

Adasina launches 'social justice' ETF

Adasina Social Capital has launched an exchange-traded fund (ETF) it says advances 'social justice', including in the areas of gender, racial and climate 'justice'.

Turner Impact Capital raises $350m for housing fund

California-based Turner Impact Capital has raised $350 million at the close of its second 'multifamily' social impact fund.

News Round Up: Macquarie AM; Carney carbon market task force; Trucost; MSCI; Robeco ... and more

Australian pension scheme invests in climate impact fund

Aware Super has committed to invest A$80 million ($59.4 million) in Adamantem Capital's second private equity fund, which will require investee companies to set targets to eliminate or offset their greenhouse emissions within 10 years.

HESTA makes A$20m impact investment

Australian superannuation HESTA has invested A$20 million ($15 million) in a A$100 million issuance of shares by healthcare mutual company Australian Unity.

Swiss impact firms join to create CHF1bn asset manager

Swiss impact investment managers Obviam and Asteria have entered a strategic tie-up to create an impact-focused manager with CHF1 billion ($1.1 billion) in assets.

Give UK infrastructure bank 'social impact and net zero mandate'

A proposed UK 'infrastructure bank' must have a mandate to finance the transition to a net-zero economy, according to the Impact Investing Institute.

US hedge fund manager launches impact firm

Veteran hedge fund manager Chris James has launched a firm that will focus on investing in companies that make profit and positive impact in the areas of 'jobs, workers, communities and the environment'.

Regulators increasing focus on sustainability outcomes - First Sentier

Interventions from regulators across Europe are driving increased focus on the sustainability outcomes of investments, according to First Sentier Investors.