Michael Hurley

US could try to rebut aspects of EU's CBAM, S&P says

US pushback against key elements of the EU's Carbon Border Adjustment Mechanism (CBAM) is likely to be among factors the bloc will have to consider in coming months as it adapts its climate policy, according to analysts at S&P.

Glass Lewis, L&G to vote against BP board chair over climate proposal

California standard setter 'in a tough spot' over ISSB, ESRS alignment

The California agency setting climate reporting standards for the state asked companies bound by international rules for help, as it admitted that aligning between standards was a major challenge.

Japan's Kao faces shareholder push to improve supply chain sustainability

Middle East crisis shows need to decarbonise, says ECB's Elderson

Hold ESG data providers accountable under SFDR 2.0, Amundi urges EU

Amundi has urged the EU to place "obligations on ESG data providers" under the revised Sustainable Finance Disclosure Regulation (SFDR) ensuring that they "share the transparency burden" being heaped on asset managers.

SFDR fossil fuel exclusions split investors amid transition and energy security fears

Fossil exclusion criteria have emerged as a flashpoint in a consultation about how to overhaul the EU's much maligned reporting regulation, writes Michael Hurley

Sector-specific standards: (re)opening Pandora's box?

Investors are wary that overhauling sector-based sustainability reporting rules could increase complexity, Michael Hurley writes

Mining & agri parts of Australia transition taxonomy ripe for export, ASFI says

Parts of an Australian 'transition' taxonomy defining eligibility for mining and agriculture activities could be used in other countries, according to the organisation overseeing its development.

ISSB set to opt against separate nature standard

The International Sustainability Standards Board (ISSB) has signalled it will not develop a standalone 'S3' set of nature-related disclosure standards, instead opting to lean on sector-specific reporting standards.