Apex Group expands ESG offering

Apex Group has expanded its ESG offering with the launch of an EU Taxonomy Solution to ensure clients’ alignment, ahead of growing disclosure requirements.

The EU Taxonomy is a classification system to identify environmentally sustainable economic activities within companies and portfolios. EU Taxonomy reporting is required for investors seeking alignment with Sustainable Finance Disclosure Regulation Article 9 and companies in scope of the EU Non-Financial Reporting Directive.

Disclosures that contribute to climate change mitigation and adaption have been applicable under the EU Taxonomy since 2022. From 2023, disclosures will be required on contributions to water protection, the circular economy, pollution prevention, biodiversity and ecosystems.

Joshua Brunert, global head of ESG product at Apex Group said: “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. Enabling our in-scope clients to demonstrate alignment with the EU Taxonomy is only the beginning – with over twenty 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.”

    Share Story:

YOU MIGHT ALSO LIKE


Cyber risk in the transportation industry
The connected nature of the transport and logistics industries makes them an attractive target for hackers, with potentially disruptive and costly consequences. Between June 2020 and June 2021, the transportation industry saw an 186% increase in weekly ransomware attacks. At the same time, regulations and cyber security standards are lacking – creating weak postures across the board. This podcast explores the key risks. Published April 2022.

Political risk: A fresh perspective
CIR’s editor, Deborah Ritchie speaks with head of PCS at Verisk, Tom Johansmeyer about the confluence of political, nat cat and pandemic risks in a world that is becoming an increasingly risky place in which to do business. Published February 2022.