The EU has launched the transition to a low-carbon, more resource-efficient and sustainable economy by launching a dedicated action plan on sustainable finance which aims to re-orientate finance towards sustainability. Its key actions include:

• establishing an EU classification system – or taxonomy – for sustainable activities;
• establishing EU labels for green financial products;
• increasing the transparency of companies on their environmental, social and governance (ESG) policies; and
• A proposal for amending the benchmark regulation, creating a new category of benchmarks comprising low-carbon and positive carbon impact benchmarks.

Also have a look at: 

• Our role
• Investment firms and asset managers
• Issuers
• CRAs and sustainability
• Climate-related benchmarks
• Cross-cutting