EU Taxonomy (Regulation)
The EU Taxonomy is an EU-wide framework established to classify economic activities based on environmental sustainability, which involves four core requirements. Firstly, the activities must substantially contribute to at least one of the six environmental objectives. Secondly, they must not cause significant harm to any of the other environmental objectives. Thirdly, they must comply with robust and science-based technical screening criteria. Lastly, compliance with minimum social and governance safeguards is also required.
Read more about the EU Taxonomy here.