Michael Hurley

Japan sets timeline for disclosure standards based on ISSB work

Japanese sustainability disclosure standards based on international efforts will be ready in draft form by April 2024, with final standards published up to a year later, according to the body tasked with developing the work.

ISSB standards require more detail to support assurance, say accountants

International sustainability reporting standards could make providing external assurance of reporting more challenging, according to the results of a survey.

M&G Catalyst invests in Aon intellectual property strategy

M&G Investments has invested $300 million in a strategy to back "innovative, intellectual property-backed businesses", via its Catalyst fund.

UK's competition regulator 'very unlikely' to punish climate collaboration

The UK's competition regulator has said it is "very unlikely" to punish businesses working together to tackle sustainability issues including climate change.

We will give you safe harbour on transition planning, says UK FCA's ESG head

Companies and financial institutions should not face the risk of legal action for collaborating to develop climate transition plans, according to the director of environment, social and governance issues at the UK Financial Conduct Authority (FCA).

NGFS interested in UK transition plan framework, says BoE's Breeden

There is international interest in the UK's plans to develop a world-leading "gold standard" for climate transition plans, including from members of the Central Banks and Supervisors Network for Greening the Financial System (NGFS), a senior central banker has said.

Canada poised to publish transition taxonomy

The publication of Canada's delayed transition taxonomy is expected imminently, Environmental Finance has learned, but it may be less detailed than previously expected.

BP climate target rowback will not shake faith in 'say on climate', says Allianz GI

Minimum standards for ESG benchmarks would face 'strong pushback', PwC says

The creation of mandatory minimum standards for all environmental, social and governance (ESG) indexes in the EU would likely face "strong pushback", PwC has warned in a report to the European Commission.

PensionBee 'impact' pension plan raises £50m