Michael Hurley

Danish regulator admonishes asset managers for SFDR failings

Climate Dividends publishes updated 'protocol' for measuring avoided emissions

Australian regulator issues sustainability reporting guidance

EU issues 'urgent' request for advice on CSRD cutbacks

The EU Commission has written to the bloc's financial reporting standard-setting body, requesting urgent "advice" on how to make the Corporate Sustainability Reporting Directive (CSRD) less onerous for companies.

Axa IM 'downgrades' and 'may reduce exposure to' companies that weakened climate targets

European fund management giant Axa Investment Managers has "downgraded" companies that weakened their decarbonisation targets and is considering selling some of its holdings in these companies due to perceived increased risk, a sustainability head said.

SEC ends defence of climate rule in 'backward step for investors'

The Securities and Exchange Commission (SEC) has ended defence of its own climate disclosure rule, signalling a major blow to hopes it could be saved from legal challenges.

Canadian election 'casts a shadow over' work on taxonomy, disclosures

The future of Canadian sustainable finance policy, including a proposed green and transition taxonomy and sustainability-related disclosures, is shrouded in uncertainty as the country prepares for a federal election next month, a policy expert has said.

EU countries agree to 'stop the clock' on CSRD reporting

FCA asks ESG ratings providers to help it draw up regulation

Taxonomy cuts to 'significantly damage' sustainable investment market, warn EU advisers

The EU has been warned by its expert advisers that proposed cuts to its sustainability taxonomy will have negative 'ripple effects' on the Sustainable Finance Disclosure Regulation (SFDR) and constrain the market for sustainable and transition investments.