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Setting the tone globally - the EU’s sustainable activities classification - BNP Paribas Asset Management

A framework identifying which business activities are sustainable, and by extension worth promoting and investing in, provides clarity to industry, policymakers and investors. The first draft of the EU’s classification system, known as the green taxonomy, was published a year ago and can be considered a model for taxonomies elsewhere.

Posted on May 10, 2021

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... After setting out the basics and the uniqueness of the EU taxonomy, BNP Paribas Asset Management discuss the international aspects of the framework and the features they believe other taxonomies should have.

'What is a taxonomy?' A taxonomy provides investors, companies and policymakers with a harmonised and uniform approach to identifying which economic activities are sustainable and under which circumstances.

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