Michael Hurley

Social taxonomy's use for bonds 'limited'

The EU Platform's proposed taxonomy of social activities may have only limited use for social bond issuers, according to a panel of market practitioners.

GFANZ lamented for 'no clear signs it has achieved anything'

A group of civil society organisations has written to Michael Bloomberg and Mark Carney to demand the $138 trillion financial sector coalition they co-chair to step up its game, in a letter that complained the initiative had shown no signs that it has achieved anything.

FCA finalises UK rules on diversity disclosures

Investors split on reporting ESG impact of 'shorting', MSCI finds

Investors are split on the type and extent of the environmental, social and governance (ESG) information that should be reported when taking 'short' positions on companies, according to MSCI.

Soros Fund Management sets divestment plan in climate strategy

The family office managing the assets of billionaire philanthropist George Soros' foundations has published its inaugural 'climate action strategy,' which includes intermediate targets on the path to reducing the emissions of its portfolio to net zero by 2040.

Real estate investors call on regulators for dedicated ESG metrics

A group of real estate investor associations has provided the UK's financial watchdog with proposals for environmental, social and governance (ESG) reporting metrics they say could eventually become part of international real estate industry standards.

Impact funds launched targeting $1bn for SDGs

Nature Action 100 'progressing with urgency'

A global collaborative engagement initiative targeting 100 companies judged to have the biggest impact on nature is nearly ready to appoint a governance body, according to an influential investor.

EIOPA consults on sustainability in insurance directive

SEC climate rules are evolution, not revolution - Gensler

The US Securities and Exchange Commission (SEC)'s proposed climate disclosure rules fit the agency's mandate and conform to its "long tradition"...