Michael Hurley

Data gaps not to blame for variation in financed emissions, says BoE blog

High variation in banks' reporting of their 'financed emissions' tends to stem from the boundaries banks set for assessing this type of emissions - and not a lack of quality data, according to a blog by a climate risk manager at the Bank of England.

PRI sovereign engagement initiative 'could help Australian COP31'

A pioneering climate investor engagement initiative targeting policymakers could "help inform Australian authorities in their preparations" as the country bids to host the COP31 UN climate conference, the Principles for Responsible Investment (PRI) said.

Investors take a stand against deforestation

Ahead of the rainforest COP, investors are engaging with Brazil and other governments on the importance of forest protection. Michael Hurley reports

German banks propose deleting taxonomy reporting from EU Pillar 3 rules, citing Omnibus

A group representing German banks has called for the deletion of reporting requirements on alignment with the EU taxonomy, under Pillar 3 rules on banks' risk exposures, in a submission to the European Banking Authority (EBA).

'We will not grant US companies more favourable treatment' under CSRD, says EU

Singapore regulators delay ISSB reporting deadline for SMEs

IPDD investors mull response to Brazilian bill that threatens to drive deforestation

Investor members of an initiative to combat deforestation are preparing to reiterate their opposition of a newly adopted law that observers say threatens to accelerate deforestation in COP30 host Brazil.

US-EU trade agreement set to curb CSDDD reach

Cuts to the EU Corporate Sustainability Due Diligence Directive (CSDDD), such as restricting the reach of civil liability rules, are likely to be propelled by pressure from the US, a joint US-EU statement on a 'framework' for a trade agreement indicates.

COP30 CEO urges countries to present missing NDCs

ESMA signs deal with European Environment Agency to combat greenwashing