Michael Hurley

Sustainability assurance: sailing a boat under construction

The cost of gaining assurance, data quality and the need for subjective judgments could limit the usefulness of sustainability assurance, Michael Hurley writes

No fines for non-compliance in first year of California climate reports, regulator says

Switzerland consults on requiring 'net zero roadmaps' in sustainability reports

Hong Kong sets timeline for ISSB adoption

Hong Kong's government has launched a 'roadmap' for the adoption of International Sustainability Standards Board (ISSB)-aligned disclosure standards, with full adoption "no later than 2028" for all 'large publicly accountable entities'.

'Now is not the time to take the easy path' on disclosure, Mary Schapiro tells EU

The EU has been advised not to take "the easy path" as it considers cutting the sustainability reporting requirements, by one of the architects of the Task Force on Climate-related Financial Disclosures (TCFD).

EFRAG asks for clarity on what omnibus means for its sustainability standards

A leading figure at the EU's corporate reporting adviser has pleaded for clarity from the European Commission on what rumours of upheaval to sustainability reporting frameworks will mean for its own work.

'Dense and difficult to understand', French regulator says of taxonomy disclosures

French banks and insurers have been told by their regulator to improve their taxonomy reporting after it criticised "dense and difficult to understand" disclosures that also omitted information that was required.

TPI flags 'shortage of disclosure' on transition planning as it expands coverage

IOSCO urges ISSB-EU agreement on coherent sector-specific standards

Sector-specific sustainability disclosure standards currently being devised could undermine the 'global baseline' for reporting, the head of an influential global association of regulators said.

Policy advocacy a gap in investor transition plans, Investor Agenda says

Investors' climate transition plans are widely "lacking" in information on how they intend to push policymakers and regulators to act on climate, according to a review of 230 institutional investors' plans.