The die is cast! The European Union has passed the first part of the EU Taxonomy, its instrument to steer investments towards sustainable economic activities.
More precisely, the EU has accepted the rules that companies have to comply with for their activities to be considered green for the environmental objectives of climate change mitigation and adaptation. The adopted rules cover sectors such as energy, transport, buildings, and manufacturing.
The more contentious activities of nuclear energy and gas have been left out of this first part and will be decided upon before the end of the year. The decision on the other four environmental objectives on water, pollution, circularity and biodiversity was foreseen for the end of this year but has been postponed to mid-2022.
For continued updates on the EU Taxonomy, keep an eye on our website!
Consultant, Sustainalize
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The European Union has passed the first part of the EU Taxonomy, its instrument to steer investments towards sustainable economic activities. The Taxonomy will offer clarity and certainty to EU companies and financial markets. A key piece to accelerate the green transition.
This morning a group of leading CEOs announced that their companies have joined the UN Race to Zero, which is the UN-backed global campaign rallying non-state actors across the global economy to take rigorous and immediate action to halve global emissions by 2030 and deliver a healthier and fairer zero carbon world in time.
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Phasellus dignissim nulla tincidunt ultrices interdum. Nulla a enim ullamcorper, consectetur ligula sit amet, rutrum ante. Praesent cursus viverra urna ut sagittis. Sed nunc felis, hendrerit sit amet odio a, mattis laoreet mi. Quisque diam turpis, convallis at ultrices eu, vehicula a urna. Suspendisse potenti.
Met OV
Phasellus dignissim nulla tincidunt ultrices interdum. Nulla a enim ullamcorper, consectetur ligula sit amet, rutrum ante. Praesent cursus viverra urna ut sagittis. Sed nunc felis, hendrerit sit amet odio a, mattis laoreet mi. Quisque diam turpis, convallis at ultrices eu, vehicula a urna. Suspendisse potenti.
