Think ESG: a view of the EU Taxonomy
Better Finance: CFO Insights podcast · 2023-02-20 · 33 min
Episode notes
This special Think ESG episode of the Better Finance podcast features Brian Tomlinson from Ernst & Young LLP, and Nathan Fabian , Chief Responsible Investment Officer at the Principles for Responsible Investment. The discussion sheds light on the EU taxonomy : a system for reporting on sustainable activities. The taxonomy is expected to be a lasting reform, with significant implications for companies with operations in the EU. The EU has placed sustainable finance and the transition to a sustainable net-zero economy at the core of its growth strategy. Efforts were directed toward development of a taxonomy with standardized environmental performance criteria aligned with the Corporate Sustainability Reporting Directive and the Sustainable Finance Disclosure Regulation . Communication and disclosure of progress toward alignment of companies' economic activities with the taxonomy's sustainability performance criteria was a priority.