DNSH:That’s Europe’s latest environmental mandate, short for Do No Significant Harm, and it underpins a new approach to assessing “green” business credentials.
Billions of investment dollars are flowing into projects that tout themselves as “sustainable finance,” covering everything from wind farms to housing, vehicles and factories. But who decides what’s sustainable? It’s a question the European Union is tackling with a raft of legislation and regulations now rolling out, which could shape international finance for years to come.
The EU recently began requiring all fund managers that raise money in the 27-country bloc and claim a socially conscious aspect in their offerings to disclose exactly how they address environmental, social or governance considerations, known as ESG. Topics include board gender diversity and greenhouse-gas emissions. The rules, known as the
The best science on this topic would be the best guideline.
Good question.
energywebx and the XRP decentralised Ledger would be a nice place to start. Efficient and aiming for net-zero carbon emissions.