Michael Hurley

Articles by Michael Hurley

  • 'High degree of commonality' between CDP reporting and ESRS standards

    12 November 2024
  • AIGCC to launch 'just transition-focused' working group for emerging markets

    12 November 2024
  • IFRS flags concern at lack of company reporting on expected impacts of climate change

    12 November 2024

    A review of company reporting has found little progress on company reporting in areas including the impacts of climate change on their businesses, strategies and financial planning, raising concern that investors are being starved of information they need.

  • COP29: GFANZ backs call for regulators to define coal phaseout as transition finance

    12 November 2024

    Governments and regulators could help investors by 'clarifying' that finance provided to accelerate the phaseout of coal plants counts as transition finance, according to the first report by the Coal Transition Commission (CTC) published at COP29.

  • UK's FRC downgrades 'environment and society' in updated definition of stewardship

    11 November 2024

    The UK Financial Reporting Council (FRC) has downgraded the words 'environment and society' in a redefinition of stewardship under proposed updates to the country's Stewardship Code.

  • Chinese stock exchanges publish sustainability disclosure guidelines

    08 November 2024
  • Invesco to pay SEC fine for charge that it overstated ESG assets under management

    08 November 2024

    Invesco has agreed to pay a $17.5 million fine to settle a charge by the Securities and Exchange Commission (SEC) that it misled clients by claiming that a higher percentage of its assets were 'ESG-integrated' than the investor could prove.

  • EFRAG guide 'a good start' but EU needs transition plan committee, report says

    08 November 2024

    Draft guidance to help organisations create climate transition plans in line with EU disclosure rules is "a good start" but the European Commission must address inconsistencies between several EU regulations, according to E3G.

  • Creation of EU sustainability labels will tackle SFDR greenwashing, prospective commissioner says

    07 November 2024

    "Greenwashing" facilitated by misuse of the Sustainable Finance Disclosure Regulation (SFDR) could be tackled with the creation of sustainability labels, the prospective European Commissioner for financial services has suggested.

  • Trump victory 'will cast a shadow over' COP29

    07 November 2024

    Donald Trump's victory in this week's US federal election, and his earlier pledge to remove the country from the Paris Agreement for a second time, "will cast a shadow over" the COP29 UN climate negotiations beginning next week.