Sustainable finance taxonomy: Key to supporting green investment and preventing climate change 

October 11, 2021 EcoVadis ‏‏‎


The European Economic and Social Committee (EESC) fully supports the Commission's recent measures aimed at setting standards for the definition of "sustainable economic activities", but points out that some elements may prove a complex and costly challenge, particularly for SMEs, and questions whether the current version of the Delegated Regulation is fit for purpose.

The EU needs efficient and urgent measures to reduce emissions and get to grips with climate change. To that end, the Sustainable Finance Package presented by the European Commission could establish a clear, coherent and comprehensive framework in which a greener economy can develop without lock-in effects.


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EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 160+ countries.

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