Sustainable finance is a key priority for the EU and is high on
the regulatory agenda for asset managers and other financial
institutions. The measures being introduced will have a lasting
impact on investor behavior in the EU.
Following the adoption of the 2016 Paris agreement on climate
change, the European Commission has expressed, in the 'Action
Plan: Financing Sustainable Growth,' its intention to clarify
fiduciary duties and increased transparency in the field of
sustainability risks and sustainable investment opportunities.
To address these goals the Commission launched legislative
measures aimed at
- Establishing a unified EU classification system of sustainable
economic activities, the so called 'taxonomy'
