March 2020 – Final expert report released:
The EU Taxonomy is a tool to help investors, companies, issuers and project promoters navigate the transition to a low-carbon, resilient and resource-efficient economy.
The Taxonomy sets performance thresholds (referred to as ‘technical screening criteria’) for economic activities which:
• make a substantive contribution to one of six environmental objectives (Figure 1)
• do no significant harm (DNSH) to the other five, where relevant
• meet minimum safeguards (e.g., OECD Guidelines on Multinational Enterprises and the UN Guiding Principles on Business and Human Rights).More