imported>Doug Williamson |
imported>Doug Williamson |
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| ''Sustainability - European Union - European Commission.''
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| 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.
| | ''Accounting - financial instruments''. |
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| The Taxonomy sets performance thresholds (referred to as ‘technical screening criteria’) for economic activities which:
| | Non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. |
| *Make a substantive contribution to one of six environmental objectives (below).
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| *Do no significant harm (DNSH) to the other five, where relevant.
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| *Meet minimum safeguards (for example, the OECD Guidelines on Multinational Enterprises and the UN Guiding Principles on Business and Human Rights).
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| Environmental objectives of the EU Taxonomy:
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| *Climate change mitigation.
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| *Climate change adaptation.
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| *Sustainable use and protection of water and marine resources.
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| *Transition to a circular economy.
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| *Pollution prevention and control.
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| *Protection and restoration of biodiversity and ecosystems.
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| Under the EU Taxonomy, three different types of activity are recognised as "environmentally sustainable":
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| (1) Activities that make a substantial direct contribution to one or more of the environmental objectives noted above.
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| (2) ''Transitional activities'', acting as an appropriate stepping stone.
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| (3) Appropriate ''enabling activities''.
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| == See also == | | == See also == |
| * [[Accounting for Sustainability]] (A4S) | | * [[Available-for-sale]] |
| * [[Biodiversity]] | | * [[IAS 39]] |
| * [[Business & Sustainable Development Commission]] | | * [[Loan]] |
| * [[Carbon footprint]]
| | * [[Receivables]] |
| * [[Climate change adaptation]]
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| * [[Climate change mitigation]]
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| * [[Common Ground Taxonomy]]
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| * [[Conference of the Parties]]
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| * [[Convention on Biological Diversity]]
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| * [[Corporate social responsibility]]
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| * [[Circular economy]]
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| * [[Credit]]
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| * [[Credit rating agency]]
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| * [[Draft Delegated Act]]
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| * [[Enabling activities]]
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| * [[ESG investment]]
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| * [[European Commission]]
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| * [[European Union]]
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| * [[Global Sustainable Investment Alliance]]
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| * [[HLEG]]
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| * [[Metaeconomics]]
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| * [[Natural capital]]
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| * [[Organic]]
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| * [[Social taxonomy]]
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| * [[SRA]]
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| * [[SRI]]
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| * [[Stakeholder]]
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| * [[Substantial Contribution]] (SC)
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| * [[Sustainable Development Goals]]
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| * [[Sustainable finance]]
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| * [[Sustainability]]
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| * [[Sustainability Accounting Standards Board]]
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| * [[Sustainability bond]]
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| * [[Sustainability Linked Loan Principles]]
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| * [[Taxonomy alignment disclosures]]
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| * [[Taxonomy Regulation]]
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| * [[Technical Expert Group]]
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| * [[Technical Screening Criteria]] (TSC)
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| * [[Transitional activities]]
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| * [[UK Sustainable Investment and Finance Association]]
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| * [[United Nations]]
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| * [[World Trade Organization]] | |
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| [[Category:Accounting,_tax_and_regulation]] | | [[Category:Accounting,_tax_and_regulation]] |
| [[Category:The_business_context]]
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| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Long_term_funding]] | | [[Category:Long_term_funding]] |
| [[Category:Ethics]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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