Author: Isabel Clarke - CircuLaw
Corporate Sustainability Reporting Directive, Corporate Sustainability Due Diligence Directive & EU Taxonomy Regulation
CircuLaw White Paper: Finance
Since March 2018, the EU has taken considerable efforts to implement their ambitious platform on sustainable finance. As an essential element of the European Green Deal, the EU continues to re-orientate the financial sector towards placing greater emphasis on environmental, social and governance factors when making investment decisions. The sustainable finance platform demonstrates a clear industry shift towards minimising environmental and social pressures caused by EU industries to transition while still fostering economic growth into new sectors. Ultimately, sustainable finance as a platform will allow the EU to transition to a more sustainable, climate resilient and resource efficient economy, guaranteeing a competitive union market. As such, this White paper will provide an insight into three key initiatives that support the EUs platform EU’s platform, including: the Corporate Sustainability Reporting Directive; the Corporate Sustainability Due Diligence Directive; and the Taxonomy Regulation.
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