Michael Hurley

Investor groups pressure regulators to tackle climate gaps in financial accounts

Investor groups have written to regulators in the UK, EU, Australia and Canada urging them to take tougher action to plug climate-related gaps in financial accounts.

Call for overhauled SFDR to better recognise key role of sovereign bonds

Clarification is needed as to where sovereign bonds fit within the overhauled Sustainable Finance Disclosure Regulation (SFDR), according to the European Fund and Asset Management Association (EFAMA).

Omnibus set for adoption after clearing vote in Parliament

ISSB work on industry-specific standards raises EU 'interoperability' challenges, warns EFRAG

Japan's SSBJ updates draft sustainability disclosure standards

Ditch 1.5°C focus given likely overshoot, NBIM tells SBTi

Likely "overshoot" of an aim to keep warming within 1.5°C should mean the widely used Science-Based Targets initiative (SBTi) abandons its focus on the alignment target in favour of a less ambitious one, according to Norges Bank Investment Management (NBIM).

ISSB confirms optional exemption of reporting finance-related GHG emissions

Trump takes aim at ESG as he tells regulators to curb proxies' sustainability advice

US President Donald Trump has ordered the country's regulators to review their rules to ensure a proxy advisors ISS and Glass Lewis "act solely in the financial interests" of investors, suggesting they should not back climate or diversity shareholder proposals.

Company valuations 'starting to reflect sustainability performance'

Commission plans widespread reporting cuts in 'environmental omnibus'