Michael Hurley

BHP climate transition plan gains shareholders' approval

Mining giant BHP has won shareholder backing for its Climate transition action plan (CTAP), despite opposition from the world's largest sovereign wealth fund.

'Worrying trend' as investors continue to withdraw money from dark green funds

UK funding for CCS, hydrogen and nuclear receives cautious backing from investors

The UK Government's plans to fund carbon capture, usage and storage (CCUS), hydrogen and nuclear energy as part of its clean energy commitments has won cautious praise from investors - but also raised concerns of a disjointed climate strategy.

Segment for ESG ratings added to proposals for free EU sustainability database

European Supervisory Authorities (ESAs) have added a category for ESG rating providers to a planned EU-wide database, which they say will help improve the visibility of ESG ratings when users search for sustainability information.

AIIB publishes paper on 'investing in nature as infrastructure'

NZAOA members warn their progress on decarbonisation at risk from policy inaction

Insurers and pension fund members of the Net Zero Asset Owner Alliance (NZAOA) have warned their progress on decarbonising their portfolios could be about to slow because the wider global economy is not showing signs of matching their efforts.

AI data company Auquan raises $4.5m with aim to automate ESG reporting

Webinar: Vague definition of greenwashing deters 'transition' finance

The growth of 'transition' finance is being held back by fears among debt issuers of being accused of greenwashing - a situation exacerbated by national regulators failing to clearly define what constituted greenwashing, a webinar hosted by Environmental Finance heard.

ESMA enforcement plans may feed 'anxiety' around CSRD reporting

Financial institutions say Canada anti-greenwashing rule has reduced access to ESG data

Financial institutions have warned the Canadian government that a recently introduced anti-greenwashing rule has led companies to withdraw from their websites the sustainability-related information investors require.