Michael Hurley

Sustainalytics launches 'low carbon transition ratings'

Sustainalytics has launched Low Carbon Transition Ratings, which it said "provide investors with a forward-looking assessment of a company's current alignment to a net-zero pathway", as previously reported by Environmental Finance.

French regulator says investors should have say on climate transition plans

France's financial markets regulator has backed recommendations to require listed companies to routinely present their climate transition strategy to investors for a vote at their annual general meeting (AGM).

Canadian regulator to require climate disclosures, scenario analysis

Canadian banks and insurance companies are to be required to conduct climate-related scenario analysis and disclose climate transition plans from next year.

Matthey appointed rapporteur for EU taxonomy working group

Astrid Matthey has been appointed rapporteur of the EU Platform's technical working group, as the second iteration of the Platform met for the first time.

US Treasury's Yellen warns of 'cascading' climate risk to financial system

The Secretary of the US Treasury has warned of the potential for climate-related events and their impacts on asset values to "cascade through the financial system" in the world's largest economy.

Bank lending to emissions-intensive Japanese firms declined, BIS paper says

Canada looks to put transition planning at heart of taxonomy

A proposed Canadian taxonomy to identify 'climate-compatible' investments would require disclosure of transition plans with verification of emissions reductions targets.

People Moves 3 March: Impact Investing Institute, ING, Rathbone Greenbank, LeapFrog ... and more

The fog of SFDR

Fund managers will have to wait for clarity on the EU's landmark disclosures regime, Michael Hurley writes

Biden expected to veto Republican plot against ESG rule