EU Social Taxonomy: Looking to an equal and inclusive future from different perspectives
The EU’s Social Taxonomy aims to provide a common code for investors, businesses and regulators to determine whether an economic activity is sustainable from a social perspective. The publication of the final report by the European Commission Technical Expert Group on Sustainable Finance marked a change of course for sustainable finance by creating a clear system of classification for activities that encourage compliance with the social objectives of the European Union and can contribute to the development of a green and more inclusive society.