Michael Hurley

California regulator releases list of entities covered by climate reporting rules

Investors and regulators warn EU against reducing ESRS below ISSB standards

The EU's advisory body has been warned its proposed changes to European Sustainability Reporting Standards (ESRS) threaten to weaken rules more than the International Sustainability Standards Board (ISSB) standards, in responses to its consultation on the draft changes.

Man Group tuning its quant models to pick up climate adaptation and resilience 'signals'

Quantitative investment specialist Man Group says it is adapting its trading models to identify companies investing in climate adaptation and resilience measures, as a way of unearthing hidden value.

A defining moment for SFDR, the labelling regime that isn't a labelling regime

A key question surrounding 'Version 2.0' of the EU's SFDR is whether to draw up a definition of sustainable and transition investment, explains Michael Hurley

UK shows why SFDR transition category may be a struggle, Morningstar says

The limited uptake of the 'Improvers' label by UK fund managers suggests the EU may struggle to enforce eligibility criteria for climate transition funds in an overhauled Sustainable Finance Disclosure Regulation (SFDR), according to an executive at Morningstar.

Reform 'dead horse' EU taxonomy, urges asset manager

Tailoring sustainability reporting requirements to ensure they are more closely linked to sectoral business impacts, risks and opportunities could help make the EU taxonomy more useful for mainstream investors, an asset manager has argued.

Climate adaptation and data groups win support from Bloomberg-backed coalition

Financial institutions divided on ESRS proposals

From Michael Hurley in Brussels

Exxon's controversial retail voting opt-in criticised as way 'to suppress critical investor voices'

Signs of corporate reporting on climate stalling, BCG survey finds

The percentage of companies reporting fully across all three scopes of greenhouse gas emissions dropped in the last 12 months, pointing to "stalling" on corporate climate disclosures, according to a large survey of corporates globally by Boston Consulting Group (BCG).