The European Union has adopted the European Taxonomy as a key tool for directing investment toward a sustainable economic model and projects that have a low environmental impact and promote a significant reduction in greenhouse gas emissions and the gradual elimination of greenwashing.
The application of the European Taxonomy in Project & Construction Management is of particular importance because construction and project management activities can have a significant impact on the environment and climate. In this area, the application of this classification system means that companies must carefully and systematically assess the environmental and social impacts of each phase of the project, from design to construction and operation of the property.
Companies in the industry need to integrate the principles of the European Taxonomy into the planning and execution of their projects, adopting innovative solutions and sustainable technologies. Through a whole range of low-energy construction practices, the use of recycled and recyclable materials, and the promotion of sustainable modes of transportation and waste reduction, they aim to significantly reduce the environmental impact of their activities and attempt to make a significant contribution to the transition to a green, low-carbon economy.
The European Taxonomy is based on the following six basic principles that must be met for an economic activity to be considered sustainable:
The European Taxonomy is an important catalyst for guiding the transformation of companies and financial institutions that will direct their operations with total respect for environmental and social sustainability.
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