How does the common EU classification system for environmentally sustainable economic activities in the banking sector work? How are taxonomy-relevant activities defined and taxonomy-aligned activities in the loan business recorded? What are the specific challenges and consequences of operationalising at KfW IPEX-Bank?
Luis-Miguel Gutiérrez Demmel, Senior Advisor Corporate Strategy & Sustainability at KfW IPEX-Bank, explains key aspects of operationalising the EU taxonomy for loan business in a guest article in the banking industry magazine “Zeitschrift für das gesamte Kreditwesen” (journal for the entire credit industry).
Read the guest article (in German):
“EU Taxonomy: operationalisation in the loan business for export and project finance” (PDF, 378 KB, non-accessible), published in the banking industry magazine “Zeitschrift für das gesamte Kreditwesen” (journal for the entire credit industry) on 15 March 2023