Michael Hurley

Australian government warns of very high risk to financial system from climate change

Finance too often an afterthought in transition planning, says key business group

The UK government has been urged to "take strategic ownership of the development process for sector transition plans" and address the chronic lack of detail in company plans on how transition measures will be financed, in a report by the Transition Finance Council.

FCA consults on changing reporting rules under SDR

EU's judiciary rejects complaint at nuclear and gas in taxonomy

Long-term climate risk blind spot leads OSFI to plan tests of financial firm models

Canada's federal financial regulator said it will step up assessments of financial institutions' ability to measure and manage "catastrophic and climate-related financial risks" after a climate stress test revealed "important data gaps".

SEC chair says 'concerning' EU sustainability rules should dump double materiality

The chair of the Securities and Exchange Commission (SEC) has criticised the anticipated impact on US companies of EU sustainability rules, suggesting that the bloc should drop a requirement that companies report their impact on environment and the society.

European supervisors call for shortened PAI rules after finding improved reports

Belgian meat processers pitch SME reporting template to 'replace EFRAG tool'

'New era' hailed for emissions accounting with ISO, GHG Protocol tie-up

US regulator withdraws carbon credits guidance months after it was introduced

The Commodity Futures Trading Commission (CFTC) has withdrawn guidance on the listing of voluntary carbon credit derivative contracts for CFTC-regulated derivatives exchanges, less than a year after its introduction.