Being ESG Wise – The EU taxonomy: ESG in Europe

In this episode, listeners will hear from Dr Wolfgang Babeck and guest Linda Romanovska, an Australia-linked member of the EU platform on sustainable finance, who discuss the latest ESG issues and legislation in the European Union, including the EU Taxonomy Regulation and its linkage to the ISSB, the Sustainable Finance Disclosure Regulations, and how Australian companies should proceed with ESG strategy and reporting, particularly if they want to see where the journey is going or have a footprint in Europe. Glossary ESG – Environment, Social and Governance EU – European Union SFDR – Sustainable Finance Disclosure Regulation NFRD – Non-financial Reporting Directive CSRD – Corporate Sustainability Reporting Directive PAI – Principle Adverse Impacts CBAM – Carbon Border Adjustment Mechanism ETS – Emissions Trading System ESRS – European Sustainability Reporting Standards TCFD – Taskforce on Climate related Financial Disclosures ISSB – International Sustainability Standards Board SASB – Sustainability Accounting Standards Board CBAM – Carbon Border Adjustment Mechanism EFRAG – European Financial Reporting Advisory Group IFRS – International Financial Reporting Standards