Michael Hurley

Vague COP15 agreement is 'not a Paris moment', warns HSBC

The global biodiversity framework agreed at the COP15 conference this week failed to meet expectations among some observers that it could provide an equivalent target to 'net zero' for nature, according to a research note by HSBC.

COP15 text is foundation for private sector work on metrics, LGIM says

The agreement by countries at COP15 to protect 30% of land and sea biodiversity by 2030 is likely to leave private sector initiatives to do much of the heavy lifting in areas such as devising nature-related metrics and targets, a large asset manager has said.

COP15: Agreement on nature-related disclosures hailed by investors

Investors have welcomed agreement by countries on a text to halt and reverse the loss of nature, which sets a goal to require financial institutions and companies to disclose their nature-related impacts and dependencies.

UK's FCA appoints ESG advisory committee

Desiree Fixler is among six members of an advisory committee on environmental, social and governance (ESG) issues to have been appointed by the UK's financial services regulator.

BlackRock creates sustainability ETF for German market

UK confirms plan to regulate ESG ratings providers

Providers of environmental, social and governance (ESG) ratings face being regulated in the UK under a plan put forward by the country's government which could make it the first country to do so.

A stewardship code for the EU?

Regulation will boost fund naming consistency and disclosures but more work is needed to ensure EU rules impact the real economy, speakers told a webinar hosted by Environmental Finance. Michael Hurley reports

UK told to up pace on 'stagnant' green taxonomy work

Sustainable finance regulation 'needs to focus on transition'

Transforming financial regulation so it encourages decarbonisation objectives, rather than concentrating only on the 'greenest' activities, must become the focus of regulators, an Environmental Finance webinar heard.

More turbulence forecast for EU taxonomy as expert group plots way forward

The European Commission has been warned of further challenges that could stifle progress on its sustainability taxonomy, including in areas such as forestry and on criteria to ensure investments do not 'significantly harm' the EU's sustainability objectives.