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Taxonomy

Taxonomy sets performance thresholds across economic activities and, in turn, facilitates the identification of activities that meet minimum safeguards and make a substantial contribution to 1 of 6 environmental objectives. 

Taxonomy facilitates the identification of activities that provide market participants and consumers with a common understanding as to what is "green", help prevent greenwashing, and assist with green financing.

ESG Strategy Roadmap

Substantial contribution to one or more of the environmental objectives

Do No Significant Harm (DNSH) to any of the environmental objectives.

Comply with the minimum safeguards

Taxonomy alignment

Climate change mitigation

Circular economy

Sustainable use of water and marine resources

Climate change and adaptation

Pollution prevention and control

Protection and restoration of biodiversity

  • OECD guidelines for multinational enterprises

  • UN guideline principles on business and human rights

  • ILO declaration on fundamental rights and principles for work

  • 8 ILO Convention

  • International Bill on Human Rights

Comply with quantitative or qualitative technical screening criteria for determining "sustainable contribution" and "doing no significant harm"

Taxonomy Alignment for SFDR 8 & 9 and SFDR 6 (opt-in)

15%

37%

37%

30% weight 

50% weight

20% weight

Minimum Safeguard

Taxonomy Alignment

31.6%

"My fund is 31.6% taxonomy-aligned"