Sustainable finance taxonomy nears agreement
The European Commission has reached a provisional agreement on its sustainable finance taxonomy, designed to unify classification of sustainable economic activity.
Commenting on the development, PRI CEO Fiona Reynolds: “The PRI strongly welcomes yesterday’s announcement of provisional political agreement on the EU sustainable finance taxonomy.
“The taxonomy is a classification system, underpinned by disclosure requirements, to bridge the gap between sustainability goals, like the Paris climate agreement, and investment practice.
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Categories: NewsESGESG regulationESG update
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