The European Union Taxonomy – The Revolution of Sustainable Activities
This paper represents qualitative research of the concept of taxonomy within the European Union (EU), drafted with the sole purpose of establishing the presence of the environmental elements specific to sustainable development within the economic activity. The EU taxonomy is an important mechanis...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Ovidius University Press
2022-12-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
| Subjects: | |
| Online Access: | https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%205/1.pdf |
| _version_ | 1828010589578854400 |
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| author | Maria-Mădălina Bogeanu-Popa Mariana Man |
| author_facet | Maria-Mădălina Bogeanu-Popa Mariana Man |
| author_sort | Maria-Mădălina Bogeanu-Popa |
| collection | DOAJ |
| description | This paper represents qualitative research of the concept of taxonomy within the European Union
(EU), drafted with the sole purpose of establishing the presence of the environmental elements
specific to sustainable development within the economic activity. The EU taxonomy is an important
mechanism which offers coherence in using every instrument conceived for accomplishing the
ecological objectives of the environment. The concept of taxonomy refers to the investment funds of
big economic entities within EU and beyond, which need to provide information about their
environmental related activities.
The purpose of this paper is to highlight the cooperation between the regulation authorities and
the technical experts in the domain (TEG), which offer a starting point in this journey from their
experience with environmental, social and governance (ESG) information reporting. Therefore, the
intention EU has regarding the taxonomy is guiding the capital towards the ecological and the
implementation of a new universally available classification system of sustainable investments at an
international level. |
| first_indexed | 2024-04-10T09:01:14Z |
| format | Article |
| id | doaj.art-8ac21523e7524a64a5e70b41c40ea0f4 |
| institution | Directory Open Access Journal |
| issn | 2393-3127 |
| language | English |
| last_indexed | 2024-04-10T09:01:14Z |
| publishDate | 2022-12-01 |
| publisher | Ovidius University Press |
| record_format | Article |
| series | Ovidius University Annals: Economic Sciences Series |
| spelling | doaj.art-8ac21523e7524a64a5e70b41c40ea0f42023-02-21T12:11:55ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272022-12-01XXII2818826The European Union Taxonomy – The Revolution of Sustainable ActivitiesMaria-Mădălina Bogeanu-Popa0Mariana Man1University of Petroșani, Faculty of Sciences, Romania University of Petroșani, Faculty of Sciences, Romania This paper represents qualitative research of the concept of taxonomy within the European Union (EU), drafted with the sole purpose of establishing the presence of the environmental elements specific to sustainable development within the economic activity. The EU taxonomy is an important mechanism which offers coherence in using every instrument conceived for accomplishing the ecological objectives of the environment. The concept of taxonomy refers to the investment funds of big economic entities within EU and beyond, which need to provide information about their environmental related activities. The purpose of this paper is to highlight the cooperation between the regulation authorities and the technical experts in the domain (TEG), which offer a starting point in this journey from their experience with environmental, social and governance (ESG) information reporting. Therefore, the intention EU has regarding the taxonomy is guiding the capital towards the ecological and the implementation of a new universally available classification system of sustainable investments at an international level. https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%205/1.pdfeu taxonomyenvironmentsustainabilitysustainable investmentsnon-financial reporting |
| spellingShingle | Maria-Mădălina Bogeanu-Popa Mariana Man The European Union Taxonomy – The Revolution of Sustainable Activities Ovidius University Annals: Economic Sciences Series eu taxonomy environment sustainability sustainable investments non-financial reporting |
| title | The European Union Taxonomy – The Revolution of Sustainable Activities |
| title_full | The European Union Taxonomy – The Revolution of Sustainable Activities |
| title_fullStr | The European Union Taxonomy – The Revolution of Sustainable Activities |
| title_full_unstemmed | The European Union Taxonomy – The Revolution of Sustainable Activities |
| title_short | The European Union Taxonomy – The Revolution of Sustainable Activities |
| title_sort | european union taxonomy the revolution of sustainable activities |
| topic | eu taxonomy environment sustainability sustainable investments non-financial reporting |
| url | https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%205/1.pdf |
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