Michael Hurley

EFRAG agrees partnership to promote 'inequality and social-related financial disclosures'

EU would harm itself if it mimicked US and Chinese green subsidies, Draghi says

The EU should not try to mimic the US Inflation Reduction Act in introducing wide-ranging climate subsidies to protect its domestic industries, as doing so would harm the trade-dependent bloc, according to the influential economist Mario Draghi.

Impact investing too niche for a UK-style fund label, says French regulator

The market for impact investments is "too niche" for the EU to introduce a fund label as part of its review of the Sustainable Finance Disclosure Regulation (SFDR), France's financial markets regulator has said.

French regulator surveying 'fashionable' biodiversity funds

France's financial markets regulator is surveying disclosures by managers of funds targeting biodiversity-themed investments, as it prepares to regulate EU taxonomy reporting.

'The CSRD gives us a better legal basis to scrutinise transition plans'

Divergent approaches in transition planning and among biodiversity funds will be areas of attention for France's AMF, Jérôme Reboul tells Michael Hurley

Rush to regulate ESG ratings raises risk of having to backtrack, Japan FSA chief says

The EU risks having to "backtrack" on its regulation of disclosure by providers of ESG ratings, according to a Japanese regulator.

US regulator approves voluntary carbon credit guidance

The Commodity Futures Trading Commission (CFTC) has approved guidance on the listing of voluntary carbon credit derivative contracts for CFTC-regulated derivatives exchanges, which the agency said would drive standardisation, deter market manipulation and help price discovery.

Australia approves sustainability reporting standards

Second Trump presidency and trade wars threaten to slow transition to a crawl, Generation says

Twin threats of a second term for Donald Trump and global trade wars risk "slow[ing] the energy transition down to a crawl" as global trade verges on collapse, according to Generation Investment Management.

Bloomberg launches transition plan credibility assessments

Bloomberg has launched a product it says can help investors judge the credibility of companies' transition plans and targets.