Michael Hurley

GPIF 'monitoring' stewardship of managers who exited CA100+

The world's largest pension fund said it is "concerned about" widespread departures of asset managers from collaborative engagement initiatives including Climate Action 100+ as it looks to step up its monitoring of stewardship activities of its other managers.

Companies in first 'wave' of CSRD reporting given disclosure reprieve

Nine banks in ECB's crosshairs for fines after failing to meet sustainability expectations

Nine "outlier" banks missed a deadline to satisfy minimum expectations on management of climate and other environmental risks and have been told they face potential fines from the European Central Bank (ECB).

Bank of England warns on 'carbon shocks'

The UK's carbon pricing scheme helped drive a rise and fall in inflation in recent years, a senior figure at the Bank of England said, as it warned that climate risks have yet to be fully priced-in to markets.

EFRAG plans increased cull of ESRS datapoints in 'drastic decision'

EU advisers have revealed plans to cut datapoints in the Corporate Sustainability Reporting Directive by about 66%, in a move it said involved a "drastic decision" to cull all 277 datapoints organisations are currently given the option to report.

Regulator publishes FAQ on compliance with California climate disclosure rules

Japan readying auctions of $8.2bn in transition bonds

'Relief' as renewables stage comeback after Trump bill

There was a sense of "relief" that US President Donald Trump's 'One Big Beautiful Bill' was not as damaging as expected for clean energy solutions companies, a major asset manager said, adding that it expects share prices to continue to rebound after a turbulent period.

ISS launches climate transition analysis of sovereigns

Commission calls for entrants for next Platform on Sustainable Finance