Stamping out "greenwashing" with the new EU Taxonomy

In order to push companies and investors to link their sustainability goals with financial goals, the EU Parliament recently passed a law introducing a labelling system for what can be considered “green.” Nathan Fabian, Chief Investment Officer of UN-backed Principles for Responsible Investment (PRI) explains why we need precise definitions around what can be labelled “green” and how companies and investors can use the taxonomy regulation to report their environmentally sustainable activities.

 I am pleased to announce that The ESG Agenda returns today with a new season. As industry leaders grapple with the ongoing effects of the pandemic, increasingly devastating evidence of climate change, and the global implications of an upcoming US election, we’re incredibly excited to welcome our Season 2 guests, who come from organisations like the UN-backed Principles for Responsible Investment (PRI), NASDAQ, the Bank of England, and include CEOs of international energy and waste management company Veolia, circular economy leader The Ellen McArthur Foundation, and responsible investment activist ShareAction. 

 Episode 1 of Season 2 kicks off with Nathan Fabian, Chief Responsible Investment Officer for PRI, who joins me to discuss the new EU taxonomy regulation.

 I hope you find the range of conversations informative, insightful and enlightening.

 Thanks for listening,

Amelia 

About Nathan Fabian

 Nathan Fabian is the Chief Responsible Investment Officer at the United Nations-supported Principles for Responsible Investment. He directs and oversees the PRI’s Investment Practices, Active Ownership, Policy & Research, ESG, Climate Change and SDG activities. Nathan is also the Rapporteur for the Taxonomy Group of the EU Technical Expert Group on Sustainable Finance. He was an Observer on the EU High Level Expert Group on Sustainable Finance and part of the Secretariat for the UK Green Finance Taskforce. 

Prior to the PRI, Nathan was the CEO of the Investor Group on Climate Change (IGCC) Australia / New Zealand. Previous roles include Head of ESG Research at Regnan, a provider of ESG research and engagement services; founding Partner of Full Corp Partners, a financial services and IT start-up company advisory firm; and Corporate Governance Policy Advisor in the Australian Parliament. He has also worked as a senior change management consultant for Arthur Andersen and as a market analyst at Krone, a German-based telecommunications company. 

Nathan holds a M.A. in International Relations from the University of New South Wales, a BBus from the University of Newcastle (Australia) and is a Vincent Fairfax Fellow in ethics and leadership.