400 PRI signatories used EU taxonomy last year
According to new data, around 400 PRI signatories used the EU taxonomy to measure sustainability outcomes last year.
PRI’s Implementing the EU taxonomy: An update to the PRI’s ‘Testing the Taxonomy’ report found this figure equates to around 10% of total signatories at the time, and this was before reporting became mandatory. PRI notes these findings “underline the taxonomy’s potential to drive investment decisions towards sustainability goals.”
PRI noted that respondents highlighted the need to adopt a long-term mindset with regards to ESG, and in this case the taxonomy.
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