Michael Hurley

Scenario analysis, policy advocacy among biggest gaps in investor transition plans, Ceres finds

Only a handful of North America's largest investors use climate scenarios as part of strategic investment decision-making, and only about half provide information on their climate advocacy, according to a Ceres analysis of their transition plans.

Putting transition plans to the test: Morningstar Sustainalytics

Investors face a tough task scrutinising corporate transition plans - but an increasing number of tools promise to help. In the fourth article in a series, Michael Hurley examines Sustainalytics's Low Carbon Transition Ratings

Commission faces legal challenge over taxonomy criteria for aviation, shipping

The European Commission faces a legal challenge of its inclusion of aviation and shipping criteria in its sustainability taxonomy, after NGOs accused it of greenwashing.

Trump victory could see EV makers bear brunt of weakened IRA, says MUFG

Subsidies for the purchase of electric vehicles (EVs) are among areas of the Inflation Reduction Act (IRA) set to be most at risk if Donald Trump wins re-election later this year, according to researchers at MUFG.

NBIM to invest €900m in CIP renewables fund

Danish FSA to include 'responsible' funds when it implements EU name rules

Fed must address climate 'elephant in the room'

Australian regulator warns of more action against suspected greenwashing

The Australian Securities and Investments Commission (ASIC) has said it is investigating several suspected greenwashing cases and expects to take further "enforcement action" to penalise greenwashing.

Financial institutions begin piloting dedicated SBTi standard

A group of 40 financial institutions has started piloting a dedicated standard for setting Science Based Targets, using a draft published by the initiative last month.

Korea urged against limiting ISSB-aligned disclosure rules to climate