Apex launches new ESG solution
26 September 2022 Europe
Image: Parradee
Apex Group (Apex) has launched an EU Taxonomy Solution, expanding its ESG efforts.
Upcoming EU Taxonomy requirements will call for investors to report disclosures contributing to water protection, the circular economy, pollution prevention, and biodiversity and ecosystems from 2023. This is in addition to existing disclosure requirements for contributions to climate change mitigation and adaptation.
EU Taxonomy reporting is necessary for investors wishing to align with Sustainable Finance Disclosure Regulation Article 9, and in-scope companies of the EU Non-Financial Reporting Directive.
Apex’s solution provides an eligibility assessment, alignment data request, alignment data review, and alignment calculation and actions to clients. This process allows investors to improve their EU Taxonomy alignment and ensure that they are in line with developing regulations.
Joshua Brunert, global head of ESG product at Apex, says: “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.
“With over 20 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.”
Upcoming EU Taxonomy requirements will call for investors to report disclosures contributing to water protection, the circular economy, pollution prevention, and biodiversity and ecosystems from 2023. This is in addition to existing disclosure requirements for contributions to climate change mitigation and adaptation.
EU Taxonomy reporting is necessary for investors wishing to align with Sustainable Finance Disclosure Regulation Article 9, and in-scope companies of the EU Non-Financial Reporting Directive.
Apex’s solution provides an eligibility assessment, alignment data request, alignment data review, and alignment calculation and actions to clients. This process allows investors to improve their EU Taxonomy alignment and ensure that they are in line with developing regulations.
Joshua Brunert, global head of ESG product at Apex, says: “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.
“With over 20 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.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Assegt Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Assegt Servicing Times
.jpg)