Request Free Trial

Could the EU social taxonomy make a comeback?

The Central de Abastos market, Mexico City, site of an urban solar farm. As well as sustainable requirements, Mexico’s taxonomy includes social elements. (Photo: Jeoffrey Guillemard/Bloomberg)
The Central de Abastos market, Mexico City, site of an urban solar farm. As well as sustainable requirements, Mexico’s taxonomy includes social elements. (Photo: Jeoffrey Guillemard/Bloomberg)

Despite earlier efforts, EU proposals for a social taxonomy appear moribund. But countries such as Georgia and Mexico have launched taxonomies that include social factors, while French and other investors are considering their next move

In July 2020, the EU formally adopted its green taxonomy, which defines “green” and “sustainable” economic activities that take place in the bloc, with the aim of channelling investment towards the climate transition. 

To continue reading

Request Free Trial
  • Unlimited access to all content
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines
Already a subscriber?Log in
A service from the Financial Times