Michael Hurley

Matthey appointed rapporteur for EU taxonomy working group

Astrid Matthey has been appointed rapporteur of the EU Platform's technical working group, as the second iteration of the Platform met for the first time.

US Treasury's Yellen warns of 'cascading' climate risk to financial system

The Secretary of the US Treasury has warned of the potential for climate-related events and their impacts on asset values to "cascade through the financial system" in the world's largest economy.

Bank lending to emissions-intensive Japanese firms declined, BIS paper says

Canada looks to put transition planning at heart of taxonomy

A proposed Canadian taxonomy to identify 'climate-compatible' investments would require disclosure of transition plans with verification of emissions reductions targets.

People Moves 3 March: Impact Investing Institute, ING, Rathbone Greenbank, LeapFrog ... and more

The fog of SFDR

Fund managers will have to wait for clarity on the EU's landmark disclosures regime, Michael Hurley writes

Biden expected to veto Republican plot against ESG rule

Japan sets timeline for disclosure standards based on ISSB work

Japanese sustainability disclosure standards based on international efforts will be ready in draft form by April 2024, with final standards published up to a year later, according to the body tasked with developing the work.

ISSB standards require more detail to support assurance, say accountants

International sustainability reporting standards could make providing external assurance of reporting more challenging, according to the results of a survey.

M&G Catalyst invests in Aon intellectual property strategy

M&G Investments has invested $300 million in a strategy to back "innovative, intellectual property-backed businesses", via its Catalyst fund.