Michael Hurley

Articles by Michael Hurley

  • Willis Towers Watson pension scheme to shift equities investments to ESG

    31 October 2018

    Willis Towers Watson is to shift £740 million ($944 million) – half of the equities investments in its default master trust scheme – into environmental, social and governance (ESG) investment strategies.

  • Boston Common backs ‘blue economy’ finance principles

    30 October 2018

    Boston Common Asset Management has added its name to the growing number of financial institutions that have endorsed a set of principles for investing to support the world’s oceans.

  • Pension funds grill major companies on climate lobbying

    29 October 2018

    A group of more than 50 major companies have been challenged on their approach to climate lobbying by investors with assets of about $2 trillion.

  • Asian asset owners and managers flagged for poor TCFD reporting

    26 October 2018

    Asset owners and asset managers in Asia are lagging far behind their regional peers in disclosure, a report examining the adoption of the Task Force on Climate-related Financial Disclosures (TCFD) has found.

  • Green bonds round-up - 24 Oct - 17 new deals

    24 October 2018

    Royal Schiphol Group, the owner of Amsterdam's Schiphol airport, has priced a green bond worth €500 million ($576 million), making it the first European airport to issue green-labelled notes.

  • Ceres preparing water stress test working group

    24 October 2018

    A working group to develop guidance on conducting stress testing and scenario analysis of water risk in investment portfolios is to be established by US non-profit Ceres.

  • Investors turning attention to deforestation risks, says Ceres

    23 October 2018

    Investors are increasingly engaging companies to better manage deforestation risks in their supply chains – an issue that has traditionally been overlooked, according to US-based non-profit Ceres.

  • Green Climate Fund commits $1bn to new projects

    22 October 2018

    Funding awards for a ‘world first’ developing market green bank and a controversial water project in oil-rich Bahrain have been revealed as part of the latest in the embattled Green Climate Fund (GCF)’s disbursals.

  • Paris rail project plans €31.5bn green bond programme

    22 October 2018

    The French state-owned company developing a rail project in Paris has laid out plans for a mammoth green bond issuance programme worth as much as €31.5 billion ($36 billion).

  • Investors pressure oil and gas companies to improve methane disclosures

    22 October 2018

    Investor heavyweights Robeco and California State Teachers’ Retirement System (CalSTRS) have thrown their weight behind an initiative urging oil and gas companies to improve their disclosure of methane emissions.