Part II – Key Taxonomy-related takeaways
Read part 1 of this 2-part series about
sustainable finance, or continue reading for part 2, in which I
discuss taxonomy.
Introduction
What does the proposed EU Taxonomy mean? And more importantly,
what might it mean for the sector in which you are doing business?
What about its implications for investment portfolios?
Regardless of your sector, it is important to recognize that the
Taxonomy and its implications concern not only the financial
sector, but will have broad effects across various sectors. So far,
the Taxonomy discussion has focused on key sectors with regard to
climate change mitigation and adaptation, but the list will be
complemented as we go. The Taxonomy is also linked to the other
regulatory initiatives regarding sustainable finance, including an
EU Green Bond Standard, low-carbon benchmarks and corporate
disclosures.