Michael Hurley

Building a green premium in real estate

An updated EU regulation is set to raise the game for energy-efficient buildings, which could have big implications for real estate investors. Michael Hurley reports

Australian regulator asks financial institutions for nature risk information

UK risks undermining its reputation without deriving IPO benefits, NBIM warns

Proposals to lower corporate governance requirements risk undermining the UK's reputation for investor standards - and may not even help it attract new listings, according to Norges Bank Investment Management (NBIM).

ESMA proposes mandating ESG transparency in credit ratings

The European securities regulator has proposed requiring credit ratings agencies to explicitly state where and how ESG factors are incorporated in their methodologies.

Rio Tinto, Berkshire Hathaway votes 'flagged' to investors by CA100+

SEC climate rule faces new legal challenge

Two fracking companies have brought a new legal challenge against the Securities and Exchange Commission (SEC)'s climate rule.

Japanese GFANZ members 'intend to grow transition financing'

Japanese financial institutions said they will grow their allocation to 'transition financing' and explore ways to ramp up a planned phase-out of coal power generation, in a joint statement by signatories to the Glasgow Financial Alliance for Net Zero (GFANZ).

LMA exploring 'transition loan' label as sustainability-linked debt flounders

The Loan Market Association (LMA) is exploring the creation of a label for loans that finance climate transition-themed projects or activities, as it considers how to drive more investment in 'hard-to-abate' sectors.

Vanguard's Australian arm made 'misleading' ESG claims regarding bond fund, court rules

Vanguard's Australian arm broke the law by "making misleading claims about certain ESG exclusionary screens" applied to investments in a bond index fund, the Australian Federal Court has ruled in a landmark case.

Oil and gas giants' climate opacity keeps investors in the dark, CA100+ assessments show

The poor quality of climate disclosures by the 10 largest oil and gas companies globally is keeping investors in the dark and hindering their engagement efforts, analysis for the Climate Action 100+ initiative suggests.