Michael Hurley

Regulators open consultation on free EU database

UN group consults on net-zero principles for lawyers, consultants

Union Investment and DekaBank leave German SIF

Union Investment and DekaBank have left the German Forum Nachhaltige Geldanlagen (FNG), with the former saying the national sustainable investment forum and its label had become less relevant in the face of regulation.

2024 outlook: Sand in the gears of sustainable finance policy

Looming elections and burgeoning disclosure regimes point to a slowdown in sustainable finance policymaking, but the spectre of fines for greenwashing is on the rise, Michael Hurley writes

EU reporting standards enter law

Banks and insurers could harness Dutch climate adaptation label - Achmea

A proposed label to show the climate risks faced by properties could be used by banks and insurers in the Netherlands to promote investment in adaptation, an executive at Achmea has said.

Bank of Japan warns of climate risk 'spillover' across industries from rise in carbon prices

Climate transition risks spurred by rising carbon prices could have damaging and widespread "spillover" effects across the Japanese economy - including to regional banks not substantially exposed to the worst-hit sectors, the Japanese central bank has warned.

EU publishes taxonomy reporting guidance following 'limited reporting'

Regulators need to act on greenwashing because market is failing to punish it, ESMA reports

Companies criticised for overstating their sustainability credentials have not yet seen their share prices substantially negatively impacted - which strengthens the case for intervention by regulators, according to the European Securities and Markets Authority (ESMA).

UK presses ahead with listing reform, despite investors' corporate governance warnings

Fresh proposals to overhaul UK listing rules show "little sign that widely held and clearly communicated investor concerns about weakening corporate governance standards have been taken into account," one of the country's largest pension funds has warned.