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IPE: Investor groups warn UK against including gas in green taxonomy
Publication date: 2022-06-21

Susanna Rust has quoted some of the major UK investors who have published an open letter to the UK prime minister to express strong opposition to the possible inclusion of natural gas activities in the UK’s green taxonomy. She states that greenwashing could become a far greater risk as a result of gas’s inclusion in the taxonomy, especially with the proposed criteria for funds to achieve a ‘sustainable’ label potentially being the proportion of a fund’s assets aligned to the taxonomy.

In the article, Susanna use the data from EDHECinfra investor survey which shows the European Parliament committees’ vote is supported by investors as well as academic research.

Read the full story here.

 

IPE: Investor groups warn UK against including gas in green taxonomy