Michael Hurley

Omni-confusion

What will the EU's Omnibus regulation mean for sustainable finance, Michael Hurley asks

Decline in energy sector's EU taxonomy alignment bucks positive trend in other sectors

Energy companies reported a decline in their alignment with the EU taxonomy last year, bucking a trend of increased alignment in most other sectors which data provider Bloomberg said bolstered the use case for the taxonomy.

UK told to clarify ESG ratings regulation's international impacts

Leaked paper says EU omnibus will protect investors' data needs

'Simplification' of sustainability reporting requirements will be done in a way that 'ensure[s] tight alignment of the data required with the needs of investors', according to a leaked draft policy paper by the European Commission.

France calls for 'massive regulatory pause' of CSDDD, CSRD

The EU should 'indefinite[ly] postpone' sustainability due diligence rules and delay implementation of its Corporate Sustainability Reporting Directive (CSRD) by two years, the French government has said.

Account for 'stranded asset' risks alongside transition plan rules, EU advised

The EU should create a framework to account for the depreciation of highly polluting assets "at risk of becoming stranded" to help financial institutions assess the credibility of transition plans, it has been told by advisers.

Von der Leyen promises 'far-reaching simplification' of sustainable finance rules

The European Commission will present "far-reaching simplification of our sustainable finance and due diligence rules" next month alongside a plan to promote invest in clean technologies, its president Ursula von der Leyen said.

Trump, Part Two: Brace for a bonfire of climate policy

Exiting the Paris Agreement is the first sign of wide-scale cuts to policies related to preserving the environment, Michael Hurley writes

Mid-caps are sweet spot for sustainable infra, says Glentra

A combination of factors including inflation and technological advances is leading 'sustainable infrastructure' investor Glentra to seek opportunities among medium-sized companies contributing to decarbonisation of heating.

Tailor SFDR to fit 'unique' pension fund needs, Dutch association urges EU