The EU taxonomy of sustainable economic activities is a tool to help investors understand whether an economic activity is environmentally sustainable and navigate the transition to a low-carbon economy.
Setting a common language between investors, issuers, project promoters and policy makers, the EU taxonomy helps investors assess whether investments are meeting robust environmental standards and are consistent with high-level policy commitments such as the Paris Agreement.
The PRI plays an important role in the development of the EU taxonomy. Working as a contributor to the High-Level Expert Groupon sustainable finance and a member of the Technical Expert Group(TEG) on sustainable finance, the PRI helped shape the course of the Taxonomy regulation and TSC.
The opportunity to provide expert advice on behalf of our signatories and in support of scientific expertise continues with the PRI’s Chief Responsible Investment Officer, Nathan Fabian also working as Chair to the European Platform on Sustainable Finance(PSF).