Last year was a landmark year for sustainable finance and the EU Taxonomy for sustainable activities in terms of what companies had to report. But what conclusions can we draw and how much of an issue were data quality and comparability? 

Although the EU Taxonomy is a pivotal framework for assessing sustainability in economic activities, it remains a source of confusion. Its correct interpretation will be key to ensure that data is properly disclosed and reporting obligations met.

In many ways, the EU has led the way on climate regulation in an effort to increase transparency and decision making through disclosure from companies, as well as investors. We discuss what’s expected from the EU sustainable finance package, and its potential impact.