Sustainable Finance: Taxonomy – Deutsches Aktieninstitut Critical on Amendments of ECON and ENVI

In its letter addressed to both the ECON and the ENVI committee of the European Parliament on the occasion of the joint committee-debate on the development of a sustainable finance-taxonomy, Deutsches Aktieninstitut warns of the implementation of any new non-financial reporting requirements ahead of a thorough the assessment of the Commission’s fitness check on public reporting for companies. Moreover, Deutsches Aktieninstitut criticizes a potential discrimination of traditional while entirely legal business-models by the adoption of green vs. brown-listing patterns.