EU taxonomy
Generally speaking, taxonomy is the science of naming and classifying objects (typically organisms such as plants and animals) based on shared characteristics. The word comes from the Ancient Greek τάξις (taxis), “arrangement”, and νομία (nomia), “method”. Applied to the current sustainable finance context, taxonomy is a classification system which establishes a list […]
Sustainable Finance Disclosure Regulation (SFDR)
The REGULATION (EU) 2019/2088 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 27 November 2019 on sustainability‐related disclosures in the financial services sector is known in the industry as the “SFDR“. To put it simply, the regulation imposes a number of new disclosure obligations on asset managers and financial […]
Climate change
With climate change scientists refer to a pattern of change affecting global or regional climate, as measured for example by average temperature and rainfall, and how often extreme weather events like heatwaves or heavy rains happen. This variation may be caused by both natural processes and by humans’ emissions, e.g. […]
ESG
In a nutshell, Environmental, Social and corporate Governance (ESG) are those factors which allow to measure the sustainability risks and opportunities of an investment and describe material, non-financial issues that investors and management consider in the evaluation of corporate behaviour, with a strong focus on climate change transparency and regulatory […]
BREEAM In-Use
BREEAM In-Use BREEAM In-Use (BIU) is an environmental assessment method that enables property investors, owners, managers and occupiers to determine and drive sustainable improvements in the operational performance of their existing buildings. It provides sustainability benchmarking and assurance for all building types. The value of BIU consists in: Lower running […]
GHG
GHG A greenhouse gas (GHG) is a gas that absorbs and emits radiant energy within the thermal infra-red range, causing the greenhouse effect which is critical to supporting life, and initially was a precursor to life moving out of the ocean onto land. In a nutshell, Earth receives energy from the […]
Net Zero Carbon
Net Zero Carbon With Net Zero Carbon the industry refers to achieving an overall balance between GHG emissions produced and GHG emissions taken out of the atmosphere of the earth. Unlike a Gross Zero target, where all sources become “zero”, Net Zero takes into account some residual emissions, where GHG offsetting […]
CDP
CDP CDP (formerly the Carbon Disclosure Project) is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Each year CDP supports thousands of companies, cities, states and regions to measure and manage their risks and opportunities on climate change, […]
Infra-red thermography
Infra-red thermography Infra-red thermography is the science of using electric optical devices to detect heat from structures or equipment being inspected. Any object that has a temperature above absolute zero (-273.15 °C = 0 K) emits radiation in the infra-red region. Human eyes can only detect visible light (or visible […]
Superbonus 110%
Superbonus 110% The EU major recovery plan, called Next Generation EU (or Recovery Fund in Italy) is to ensure the post-COVID recovery is sustainable, even, inclusive and fair for all Member States. It allocates €74+ billion to Italy in order to support the green transition and to finance initiatives. Approved […]