Michael Hurley

EU publishes answers to regulators' SFDR questions

The European Commission has published responses to questions from European regulators on the Sustainable Finance Disclosure Regulation (SFDR), including on how to define a 'sustainable investment' under the rules.

FCA: Building 'trust' in transition finance essential

The UK regulator sees assurance of sustainability-related disclosures as an important next step in promoting integrity in sustainable finance, Mark Manning tells Michael Hurley

Climate Asset Management to lead Apple 'carbon removal' fund

Apple has launched a fund to which it will commit "up to" $200 million to invest in "high-impact, scalable, nature-based carbon removal offsets".

FCA leads international regulator work on anti-greenwashing tech

Aviation and shipping 'final nail in coffin' of taxonomy

The European Commission has published additional criteria for existing climate mitigation and adaptation objectives, including those for potentially controversial activities including aviation and shipping.

EU unveils taxonomy criteria for remaining environmental objectives

The European Commission has published delayed screening criteria for its sustainability taxonomy for the remaining four environmental objectives, as well as updates to its climate criteria that cover aviation and shipping.

UK green finance strategy 'fails to address challenge of financing transition'

The UK's green finance strategy has been accused of "failing to address the ... challenge of financing the overall energy transition" by not explaining how the country aims to promote investment to decarbonise its economy.

UK to 'monitor' ESG data for potential need to regulate providers

The UK government will monitor whether it needs to regulate providers of ESG data, the country's Treasury said.

UK looks to adopt IOSCO guidance in regulation of ESG ratings

The UK Treasury has called for feedback on a proposed regulatory regime that would see providers of ESG ratings disclose information on their methodologies and describe potential conflicts of interest.

Schroders launches 'climate-plus' impact fund

Schroders Capital has launched a climate-themed fund targeting positive impact, with UK master trust Cushon as the strategy's founding investor.