EU Taxonomy: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
imported>Doug Williamson
(Add link.)
Line 52: Line 52:
* [[Natural capital]]
* [[Natural capital]]
* [[Organic]]
* [[Organic]]
* [[Social taxonomy]]
* [[SRA]]
* [[SRA]]
* [[SRI]]
* [[SRI]]

Revision as of 21:10, 28 February 2022

Sustainability - European Union - European Commission.

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 (below).
  • Do no significant harm (DNSH) to the other five, where relevant.
  • Meet minimum safeguards (for example, the OECD Guidelines on Multinational Enterprises and the UN Guiding Principles on Business and Human Rights).


Environmental objectives of the EU Taxonomy:

  • Climate change mitigation.
  • Climate change adaptation.
  • Sustainable use and protection of water and marine resources.
  • Transition to a circular economy.
  • Pollution prevention and control.
  • Protection and restoration of biodiversity and ecosystems.


Under the EU Taxonomy, three different types of activity are recognised as "environmentally sustainable":

(1) Activities that make a substantial direct contribution to one or more of the environmental objectives noted above.

(2) Transitional activities, acting as an appropriate stepping stone.

(3) Appropriate enabling activities.


See also