Michael Hurley

GHG Protocol extends deadline for consultation on avoided emissions, Scope 2

PCAF overhaul adds avoided emissions and forward-looking metrics

Guidance on financial institutions' accounting of 'avoided emissions' and reporting using 'forward-looking' metrics has been published in an overhaul by the industry-led Partnership for Carbon Accounting Financials (PCAF).

'DEI greenhushing likely to focus investor engagement in US'

"Greenhushing" by US companies on sustainability issues including diversity is likely to mean investors focus their stewardship efforts in the country, according to UK-based asset managers.

EU parliamentarians fail to block defence investment changes to sustainability rules

Omnibus process riddled with administrative failures, EU ombudswoman says

'Unloved and cheap' green equities a buying opportunity amid AI spending, BlackRock says

Clean energy stocks are "unloved and quite cheap" despite a recent share price rally, and favourable tailwinds are poised to support the theme, BlackRock fund managers argue.

GPIF research sparks hope it will catalyse Japanese impact investment market

Proponents of impact investment in Japan are excited at the potential catalytic effect of the entry of the world's largest pension fund into the market - but it could be hard to find big enough investments for the $1.7 trillion fund, according to commentators.

ISS removes blanket support for climate shareholder resolutions, citing client feedback

ISS has changed its proxy voting policies to remove a clause according to which it would "generally vote for" resolutions requesting improved climate disclosures, citing client feedback, increasingly varied regulations and general improvement in reporting.

Failing to 'keep 1.5°C alive' shouldn't mean demise of portfolio temperature targets, investors say

Investors rejected suggestions to abandon temperature-related targets for investment portfolios, after a leading figure suggested doing so amid growing consensus that the world will breach a target to limit global warming to 1.5°C.

Tell us you'll buy transition bonds before we embrace new label, issuer urges investors

Investors will need to show they want to buy bonds that use a transition label before issuers feel comfortable adapting existing frameworks to do so, according to a senior figure at the Treasury Corporation of Victoria (TCV).