Another useful tool for insurance brands who need to do that essential compliance thing;
Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, announces the further growth of its ESG offering with the launch of an EU Taxonomy Solution to ensure clients’ alignment ahead of growing disclosure requirements.
The EU Taxonomy is a classification system to identify environmentally sustainable economic activities within companies and portfolios. EU Taxonomy reporting is required for investors seeking alignment with Sustainable Finance Disclosure Regulation (“SFDR”) Article 9 and companies in scope of the EU Non-Financial Reporting Directive.
Disclosures that contribute to climate change mitigation and adaption have been applicable under the EU Taxonomy since 2022. From 2023, disclosures will be required on contributions to water protection, the circular economy, pollution prevention, and biodiversity and ecosystems too.
EU RULES TEND TO BE A DEFAULT POSITION
Joshua Brunert, Global Head of ESG Product at Apex Group comments: “We believe that the EU Taxonomy is going to be the key framework for reallocating capital towards sustainable activities in the coming years. It is a major enabler of sustainable investment, helping companies and investors to prove their ESG credentials, stand out from competitors, and drive positive change. Enabling our in-scope clients to demonstrate alignment with the EU Taxonomy is only the beginning – with over twenty green taxonomies in place, in development or under discussion worldwide it is crucial that investors act to understand and report taxonomy alignment data sooner, rather than later.”
Over 350 GPs in over 45 countries are already using Apex Group’s award-winning ESG services, to report on their investments in-line with ESG standards and regulations. To learn more about Apex Group’s ESG solutions:
Be the first to comment