Michael Hurley

ECB tells banks to pressure clients on climate data

The European Central Bank (ECB) has told banks they need to pressurise their clients to disclose more emissions data, after its first climate stress test showed most lenders are not adequately managing climate risks.

Taxonomy vote raises the stakes for investor-policymaker standoff

The contentious inclusion of nuclear and gas as 'transition' energy sources in the EU's green taxonomy could influence policymakers in other jurisdictions - even as investors prepare to ignore the result, according to Eurosif.

'Dark day for climate' as taxonomy vote clears way for nuclear and gas inclusion

An objection to plans to include some nuclear and gas in the EU's taxonomy was voted down today, marking what one politician described as "a dark day for the climate and the energy transition".

BNP publishes first 'biodiversity footprint'

BNP Paribas Asset Management has published the first 'biodiversity footprint' of its investments and revealed plans to report the positive biodiversity impact of its investments later this year.

UK delays sustainability disclosure consultation

The UK regulator overseeing development of new sustainability disclosure requirements for asset managers and asset owners has again delayed publishing proposals for consultation.

Climate risk 'premium' grew since Paris Agreement, ECB study says

Sustainalytics acquires property climate risk data provider

Delayed European database for disclosures gets Council sign-off

A two-year delay to a proposal for a free, publicly available European Single Access Point (ESAP) for financial and sustainability-related information has been agreed by EU member states.

Winners of Environmental Finance's Sustainable Investment Awards 2022 revealed

The winners of Environmental Finance's annual Sustainable Investment Awards for 2022 have been announced.

TNFD turns eye to scenarios as it reveals metrics

The Taskforce on Nature-related Financial Disclosures (TNFD) has published what it called the high-level "architecture" of its metrics and target-setting approach...