Michael Hurley

Korea publishes ISSB-based draft disclosure standards

Danish regulator orders investment managers to address sustainability 'deficiencies'

Denmark's Financial Supervisory Authority (FSA) has ordered two investment managers to address what the regulator called "deficiencies" in how they accounted for sustainability risks in their processes.

Much-criticised Green Asset Ratio 'not a complete failure', asset manager says

The much-criticised Green Asset Ratio (GAR) reporting indicator for banks has already helped significantly increase transparency surrounding their financing of sustainable activities, and "is not a complete failure," according to La Française Asset Management.

'Minimal additional effort' to build on ISSB to meet CSRD, says EU-ISSB guidance

EU companies reporting under European standards can comply with global standards "with minimal additional effort", according to the European Commission.

Will the SEC's climate rule be a game changer?

Listed companies in the world's largest economy will be subject to climate reporting rules the first time. Michael Hurley explores the ramifications

Businesses urge California to unlock funding for climate disclosure rule

CSRD reporting to 'extend far beyond those subject to the regulation', says Workiva

ESRS for specific sectors and non-EU companies delayed by two years

Companies weigh delaying preparations for SEC rule in face of legal uncertainty, lawyer says

Uncertainty surrounding the outcome of legal action challenging the Securities and Exchange Commission (SEC) climate disclosure rule is causing some US-listed companies to consider pausing their preparations for compliance, according to a lawyer.

CSDDD will push companies 'beyond pledges' to act on environmental, social risks