Michael Hurley

NZBA hits back at 'premature' criticism

It is "premature" to criticise members of the Net-Zero Banking Alliance (NZBA) for not overhauling their practices to tackle climate change because the initiative is still young, it has argued.

Australia introduces legislation for climate reporting

Menon appointed Singapore climate ambassador

NBIM praises Malaysia for 'full adoption' of ISSB standards

NZBA has little impact on decarbonisation, ECB paper says

Signatories to the Net-Zero Banking Alliance (NZBA) "are neither divesting nor engaging differently from banks without a climate commitment," a group of economists said in a report.

Financial institutions have high exposure to companies with transition potential, central bank says

French financial institutions are highly exposed to corporates with the potential to meet the criteria of the EU sustainability taxonomy, research by the Banque de France says.

Give investors licence to engage collectively, German expert group tells government

Climate investment could push interest rates higher, ECB's Schnabel says

CSDDD transition plan requirement 'little more than window dressing'

A requirement to disclose climate transition plans in the watered-down text of the Corporate Sustainability Due Diligence Directive (CSDDD) is "little more than window dressing" in the absence of a mechanism to force companies to implement the plans, it has been argued.

French companies sound alarm at 'greenwashing' in ESMA sustainability enforcement rules

The French Association of Large Companies (AFEP) has voiced concern that draft rules for regulators enforcing the disclosure of sustainability-related information will too strictly police perceived 'greenwashing' and be complex to apply.