2023
EU Taxonomy in the Context of Environmental, Social and Governance (ESG) Ratings
HOLÚBEK, Ivan; Renata SKÝPALOVÁ; Michal RUSCHAK and Radovan SAVOVBasic information
Original name
EU Taxonomy in the Context of Environmental, Social and Governance (ESG) Ratings
Authors
HOLÚBEK, Ivan; Renata SKÝPALOVÁ; Michal RUSCHAK and Radovan SAVOV
Edition
Liberec, Proceedings of the 16th International Conference Liberec Economic Forum 2023, p. 274-281, 8 pp. 2023
Publisher
Technická univerzita v Liberci
Other information
Language
English
Type of outcome
Proceedings paper
Field of Study
50204 Business and management
Country of publisher
Czech Republic
Confidentiality degree
is not subject to a state or trade secret
Publication form
electronic version available online
References:
Marked to be transferred to RIV
Yes
Organization unit
Ambis University
ISBN
978-80-7494-672-1
UT WoS
Keywords in English
ESG; EU; environmental; entrepreneurship; bibliometric analysis
Tags
Tags
Reviewed
Changed: 9/4/2026 16:34, Ing. Kateřina Lendrová
Abstract
In the original language
The effects of climate change will have a significant economic impact on the global economy in the future. In some cases, these will be gradual changes, while others will be more dramatic. These occur at a higher frequency of extreme weather events. The impacts caused by the effects of climate change, which are already taking place on a large scale and are visible, are costing billions of dollars. The 2030 Agenda for Sustainable Development, adopted at the 2015 New York Summit, includes 17 global sustainable development goals (SDGs). The aim is to universally manage the development of contemporary society on a global and local level. The European Green Deal is the European Commission's plan for the ecological and societal transformation of the European Union's economy for a sustainable future. The main objective of the European Green Deal is to make Europe a climate-neutral continent by 2050. An ecological transformation of companies' business models in the EU will be inevitable and a prerequisite for the path towards a sustainability model. In order to meet the above objectives, the European Commission has developed an evaluation base (EU taxonomy) that will allow transparent decision-making towards sustainability. Companies will have to disclose their economic activities in a transparent and comparable way, which will contribute to a rapid and green transformation of the economy.