Michael Hurley

AllianzGI launches sustainability data product

Allianz Global Investors has launched a sustainability data product which it says will enable its investment teams to better navigate the "ever more challenging ESG data landscape".

Biden vetoes Republican objection to ESG rule

UK FCA warns of action on ESG benchmark failings

The UK's Financial Conduct Authority (FCA) has warned it is prepared to take action to tackle poor disclosures by providers of ESG benchmarks, as it identified failings in several areas by all providers.

Combating inflation best way to support green investments, ECB says

The European Central Bank (ECB) has scotched a suggestion that it could introduce measures to insulate climate-themed investments from inflation, as it said ensuring price stability over the medium term is the best way to ensure inflation does not impair the energy transition.

EU's riposte to US green subsidies greeted with cautious praise

An initiative by the European Commission designed to secure its domestic supply chains for green technologies has been greeted with cautious praise by industry representatives.

UK confirms nuclear will be classified as sustainable in taxonomy

The UK chancellor has confirmed the country will classify nuclear energy generation as sustainable in its green taxonomy.

US regulator recommends creating category for environmental derivatives

A commissioner at the US Commodity Futures Trading Commission (CFTC) has recommended the creation of a team to tackle greenwashing in derivatives markets

Sustainalytics launches 'low carbon transition ratings'

Sustainalytics has launched Low Carbon Transition Ratings, which it said "provide investors with a forward-looking assessment of a company's current alignment to a net-zero pathway", as previously reported by Environmental Finance.

French regulator says investors should have say on climate transition plans

France's financial markets regulator has backed recommendations to require listed companies to routinely present their climate transition strategy to investors for a vote at their annual general meeting (AGM).

Canadian regulator to require climate disclosures, scenario analysis

Canadian banks and insurance companies are to be required to conduct climate-related scenario analysis and disclose climate transition plans from next year.