Michael Hurley

Articles by Michael Hurley

  • Domini launches impact mutual fund

    01 December 2020

    Domini Impact Investments has launched an international equities mutual fund targeting companies 'helping to address some of our greatest sustainability challenges'.

  • ECB to stress test banks on climate risks after finding disclosures lacking

    30 November 2020

    Eurozone banks will, in 2022, be stress-tested for the first time on their ability to withstand climate-related risks, the European Central Bank (ECB) has said.

  • ESG data provider involvement good for impact investing, says Triodos

    27 November 2020

    Triodos has welcomed the increasing participation of large environmental, social and governance (ESG) data providers as a positive development for impact investors.

  • KPMG, CISL launch impact measurement tool

    26 November 2020

    KPMG and the University of Cambridge Institute for Sustainability Leadership (CISL) have jointly developed a tool to help asset managers measure and report the environmental and social impacts of their listed equity investments.

  • Carney: AGMs could give investors 'say on transition plans'

    26 November 2020

    Mark Carney has suggested investors could be given an automatic advisory vote on companies' net-zero transition plans, similar to 'say on pay' shareholder rights to vote on executive remuneration.

  • NBIM opposes PRI 'change of direction' on outcomes reporting

    26 November 2020

    Norges Bank Investment Management (NBIM) has reaffirmed its opposition to proposals by the Principles for Responsible Investment (PRI) to ask signatories to report on "real-world outcomes" of their investments and the Sustainable Development Goals (SDGs).

  • Spanish central bank says social impact analysis of climate plans 'essential'

    26 November 2020

    Banco de España's deputy governor has said measuring the social impact of investments and regulation, such as plans to achieve the goals of the Paris Agreement, "is essential in order for there to be genuine transparency".

  • US DFC aims to catalyse $50bn in private impact investments

    25 November 2020

    The US International Development Finance Corporation (DFC) says it will commit more than $25 billion as part of its first global impact development strategy - which it claims will help drive a further $50 billion in private impact investments.

  • Evli launches forestry impact fund of funds

    24 November 2020

    Finland's Evli Bank has launched a 'impact forest fund' that it says provides institutional investors and high net worth individuals "access to the world's leading forestry funds".

  • 'Seas impact fund' launched to invest in seaweed

    24 November 2020

    A fund has been launched to invest in UK-based 'ocean plant production' such as seaweed, "which is set to become a multi-billion pound global industry" in coming decades, according to the fund manager.