EU Taxonomy for sustainable activities

E877505

The EU Taxonomy for sustainable activities is a classification system that defines which economic activities can be considered environmentally sustainable to guide investment and policy decisions in the European Union.

All labels observed (1)

Label Occurrences
EU Taxonomy for sustainable activities canonical 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf European Union regulation framework
sustainable finance classification system
adoptedBy European Parliament and Council of the European Union NERFINISHED
adoptionYear 2020
aimsTo increase transparency for investors
reduce greenwashing in financial markets
reorient capital flows towards sustainable investments
alsoKnownAs EU Taxonomy NERFINISHED
EU Taxonomy Regulation framework NERFINISHED
appliesTo EU member states when setting green financial products or labels
financial market participants offering financial products in the EU
large companies subject to the Non-Financial Reporting Directive
corePrinciple compliance with minimum social safeguards
do no significant harm to other environmental objectives
substantial contribution to environmental objectives
defines criteria for environmentally sustainable economic activities
enteredIntoForce 2020-07-12
environmentalObjective climate change adaptation
climate change mitigation
pollution prevention and control
protection and restoration of biodiversity and ecosystems
sustainable use and protection of water and marine resources
transition to a circular economy
geographicalScope European Economic Area for many applications
governedBy Platform on Sustainable Finance NERFINISHED
implementedThrough delegated acts adopted by the European Commission
influences corporate sustainability reporting in the EU
design of green bonds and sustainability-linked financial products
jurisdiction European Union
legalBasis Regulation (EU) 2020/852 NERFINISHED
linkedTo EU Corporate Sustainability Reporting Directive NERFINISHED
EU Green Deal NERFINISHED
EU Sustainable Finance Disclosure Regulation NERFINISHED
monitoredBy European Commission NERFINISHED
policyArea climate policy
environmental policy
sustainable finance
purpose define environmentally sustainable economic activities
guide sustainable investment decisions
support EU climate and environmental objectives
requires technical screening criteria for each economic activity
scope economic activities across multiple sectors
sectorCoverage agriculture and forestry
buildings and construction
energy
information and communication
manufacturing
transport
water and waste

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

European Green Deal includes EU Taxonomy for sustainable activities