EU Green Deal - EU Sustainable Finance Package Flashcards
1
Q
What is the overal purpose of the EU Sustainable Finance Package?
A
- To make companies accountable for their investments
- To orient their investments towards more sustainable activities
2
Q
What is EU Taxonomy?
A
A classification system to establish which activities are economically sustainable, in the context of the European Green Deal.
3
Q
What are the three pillars of the EU Sustainable Finance Package? Through which means are they achieved?
A
- Reorient flow of capital towards more sustainable economy (EU Taxonomy regulation)
- Foster transparency and long-termism (CSRD)
- Mainstreaming sustainability into risk management (SFRD)