Michael Hurley

EFRAG requests feedback on expected costs of ESRS cutbacks

Banking group consults on SMEs reporting standard

'Improved comparison needed for climate data products to be trusted'

More comprehensive comparison methods are needed if financial institutions are to fully trust commercial climate data products to inform their resilience planning or capital allocation, according to a climate scientist at Man Group.

UK group readies guidance on credible transition finance

A UK-based Transition Finance Council is preparing to publish draft 'guidelines for credible transition finance' for consultation next week, whose chair says aim to show a "base case" for determining which entities are progressing in the energy transition.

Climate-related legal risk being priced into loans, suggest ECB researchers

Climate-related legal risk is becoming systematically priced into corporate lending decisions, with companies targeted by lawsuits paying "significantly higher spreads" on their bank loans, according to researchers at the European Central Bank (ECB).

Rise of sustainability-linked pay undermined by unambitious targets, research says

New Zealand regulator flags inadequate identification of climate risks in reporting

EBA tells supervisors not to enforce ESG rules amid Omnibus uncertainty

FCA to streamline climate reporting after calls for 'less granular' rules

UK asset managers, insurers and pension providers are to get "simplif[ied]" climate reporting rules after a review of disclosures by the Financial Conduct Authority (FCA) heard complaints that existing measures were "too granular".

ESMA to allow extra disclosures for sustainability-themed bonds