Companies have been accused of overstating their green credentials through ‘greenwashing’, but a new EC regulation aims to end the practice and encourage environmental investment.
The commission is pushing ahead with its Taxonomy categorisation plans, with a second delegated regulation expected next year, according to Fotini Ioannidou, the EC’s head of maritime safety.
In developing this highly complex July 2020 legislation, the EC is looking to codify sustainability.
“Taxonomy is an essential tool …
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