Ahmad, Sarah. "The EU Taxonomy". Seven Pillars Institute. (1634774400)October 21, 2021. https://sevenpillarsinstitute.org/...
Different standards and metrics make it difficult for investors to compare green investments. The EU taxonomy establishes a standardized and transparent system for classifying and investing in sustainable economic activities. The taxonomy operates on the project level and the firm level. The project level considers the planning and realization of new investments while the firm level focuses on its financial performance. The EU taxonomy incorporates human rights and social governance standards required by the EU, UN, OESCD. The firm's size determines whether sustainability disclosure is voluntary or mandatory and subject to the Non-Financial Reporting Directive (Directive 2014/95).
Posted on 08/11/21
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