Michael Hurley

Exclusive: Bloomberg launches impact investing data product

Data giant Bloomberg has launched a product that uses the UN Sustainable Development Goals (SDGs) to help investors compare the sustainability impact of about 50,000 companies.

ECB should consider nature risks in bond purchases and lending, Elderson says

The European Central Bank (ECB) should "broaden" its efforts to reduce climate risks in its lending and bond purchases to include nature risks - including in its €3 trillion ($3.3 trillion) public sector bond portfolio - according to a member of its executive board.

Taxonomy criteria for aviation and shipping enter EU law

Overhaul SFDR by dropping Article 8 and 9, IEEFA recommends

Canada pledges mandatory climate disclosures by private companies, taxonomy funding

Canada has pledged to extend its climate disclosure requirements to private companies and announced more funding to progress with recommendations on a sustainable finance taxonomy.

UK draws fire for insufficient climate finance strategy in face of US, EU plans

The UK government has been criticised by an investor group for failing to detail a comprehensive net-zero investment strategy in its latest set-piece policy announcements, placing it at risk of falling further behind the US and EU in attracting green investment.

ASEAN data utility working with Japanese banks to harmonise supply chain data

The creators of a Single Accesspoint for ESG Data (SAFE) are partnering with Japanese financial institutions in an attempt to ensure financial institutions in the ASEAN region have full visibility of sustainability information throughout their supply chains, it has been revealed.

Pressure banks to include climate risk info in financial statements, investors told

Shareholders pushing banks to better manage climate risk should pressure them to add this information to their financial statements, according to a stewardship specialist.

The double materiality debate is boring ... just report both GRI and ISSB, says GRI chief

Widely used disclosure standard setters GRI and the International Sustainability Standards Board (ISSB) are not in competition, the CEO of the GRI has argued, adding that the debate over a key point of difference between the standards has become "boring".

EFRAG publishes draft for voluntary SME disclosures