Michael Hurley

EU answers frequently asked questions on CSRD, SFDR

Californian proposal to delay disclosure rules 'grossly overstates' work required

UK to introduce law regulating ESG ratings

The UK will introduce law to regulate ESG ratings next year, in a move it says will help drive investment into sustainable companies.

Thinktank renews call for net zero accounting standard

A thinktank has renewed its call for a "net zero accounting standard", arguing that financial accounts fail to adequately help investors understand companies' climate-related assets and liabilities.

US exodus of CA100+ continues as politicians say it could violate antitrust laws

More US asset managers have departed Climate Action 100+ (CA100+), as Republican politicians wrote to more than 100 investors asking them how they would pressure companies to decarbonise and suggested that signatories could have breached US antitrust law.

Australian regulator told to 'send stronger signal' on sustainability collaborations

Germany's BaFin already screening funds using ESMA name rules

Germany's Federal Financial Supervisory Authority (BaFin) has already begun screening new fund applications using EU rules governing the use of sustainability terms in fund names, months before the rules apply at EU level.

Launch of green equities designation can fuel 'green powerhouse' Brazil, says B3 exchange

The launch of a green 'designation' for listed equities can attract companies to list in Sao Paolo and catalyse the huge investment needed to realise Brazil's potential to be a "sustainability powerhouse", according to B3, the Brazilian Stock Exchange.

ESG ratings, proxy advisors and EU regulation target of US politicians' criticism

US Republican Party politicians have called for stricter regulatory oversight of ESG ratings providers and proxy advisors, and for the "protection" of US companies from burdensome EU regulations, in a report criticising how investors consider ESG factors.

Pension fund calls on Brunel to divest Shell holdings