Michael Hurley

'Several vulnerabilities' in financial institutions' sustainability reports, ESMA finds

Analysis of investment fund managers' compliance with EU sustainability rules including the Sustainable Finance Disclosure Regulation (SFDR) found "several vulnerabilities" in reporting, according to supervisors.

Switzerland delays rules on financial institution transition planning

Joint engagement should avoid box-ticking, Japan's FSA says as it revises Stewardship Code

Easing the reporting burden

EFRAG's plan to simplify the CSRD and lighten its load on companies met with guarded praise from financial institutions. Michael Hurley reports

Treat emerging market sovereigns differently in transition investments - BlackRock

BlackRock uses a different scale for assessing progress in the climate transition of emerging market sovereigns than for developed market peers for its transition debt strategies, it said.

European supervisors consult on framework for ESG risks in stress testing

Adverse climate scenario could see BoE bond holdings take 9% hit

Guidance published for oil & gas 'methane abatement' debt financing

ISSB's exemptions from finance emissions reporting should be time limited, EFRAG says

GRI adds transition plan & 'just transition' requirements to overhauled standards

The Global Reporting Initiative (GRI) has added requirements to publish 1.5°C-aligned climate transition and adaptation plans and annual updates on their implementation,...