EU Green Taxonomy: What is it and why it matters?
SAP Credit Management
FEBRUARY 13, 2023
The EU Green Taxonomy was created in the framework of the European Green Deal in order to increase transparency in the market, mitigate risks of greenwashing and subsequent reputational risks for financial institutions. The recently approved Corporate Sustainability Reporting Directive (CSRD) requires large companies to disclose information on the way they operate and manage social and environmental challenges; it strengthens the previously existing legislation on non-financial information rep
Let's personalize your content