Michael Hurley

French regulator AMF says it would back 'say on climate' based on CSRD reports

ECB says 18 banks face fines for failing to meet climate expectations

The European Central Bank (ECB) says 18 banks may face fines for failing to meet its expectations on climate and broader environmental risk management.

Canadian regulator demands financial institutions report in line with ISSB this year

Canada's largest banks and insurers must disclose how they are implementing a climate transition plan and conducting climate scenario analysis, under rules that have been updated to align with International Sustainability Board (ISSB) standards.

UK regulator investigates sustainability assurance market

Basel 'faulty'

US banks have urged the Basel Committee to re-draw 'flawed' climate disclosure rules, writes Michael Hurley

ESG data provider launches CSRD reporting product backed with AI

UK government urged to mandate TNFD reporting

CSDDD clears hurdle after approval in Parliamentary committee

BIS says its AI tool 'is game changer for green finance' ... but beware the hallucinations

A tool that uses artificial intelligence (AI) to analyse corporate climate reports has been hailed as a "game changer for green finance", because of its ability to automate the rapid extraction of data.

Don't demonise high emitting companies that disclose Scope 3, says pensions group

Investors risk "misallocating capital" if they unfairly punish high-emitting companies that disclose their Scope 3 emissions, as these will often make them look worse than peers that fail to disclose, a senior figure at a UK pensions group has warned.