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An Explorative Study of the EU Taxonomy´s Impact on Residential Developers in the Swedish Market ; En undersökande studie av EU:s Taxonomi och dess påverkan på bostadsutvecklare på den svenska marknaden
In 2016, the European commission started an investigation with the intention of finding a strategy on how to direct capital towards sustainable investments. This investigation resulted in a framework that contributed with guidelines and key recommendations to different actors within the financial system. These guidelines and recommendations were then followed by a direct action-plan, in which it was emphasized that a harmonized and clear definition of sustainability was necessary to sufficiently apply these propositions on EU basis. Thus, the proposal of the EU Taxonomy (European Commission, 2018b). The new institutional regulation has created certain concerns within the construction and real estate sector, where actors indicate that some or several of the economic activities within the sector might face certain challenges in becoming Taxonomy aligned. As the EU Taxonomy has recently been disclosed, there is still little existing research associated with the new regulation and its potential impact on actors within the market. This study therefore aims to contribute to this research gap by studying the potential challenges companies within the construction- and real estate sector, namely residential developing companies, are facing when the EU Taxonomy enters legislation. This study has been conducted in accordance with a qualitative method, using semi-structured interviews to collect data. Targeted participants in the study have been industry employees within the positions of development managers, sustainable managers, and financial managers, or similar, this to get a grasp of the three important perspectives that relates to the implementation of the EU Taxonomy: the technical-, organizational- and economic perspective.Based on the result of this study there are some identified factors that may cause certain challenges for the residential developer when practically implementing the technical screening criteria outlined in the EU Taxonomy. These factors are associated with residential developers' previous ...
An Explorative Study of the EU Taxonomy´s Impact on Residential Developers in the Swedish Market ; En undersökande studie av EU:s Taxonomi och dess påverkan på bostadsutvecklare på den svenska marknaden
In 2016, the European commission started an investigation with the intention of finding a strategy on how to direct capital towards sustainable investments. This investigation resulted in a framework that contributed with guidelines and key recommendations to different actors within the financial system. These guidelines and recommendations were then followed by a direct action-plan, in which it was emphasized that a harmonized and clear definition of sustainability was necessary to sufficiently apply these propositions on EU basis. Thus, the proposal of the EU Taxonomy (European Commission, 2018b). The new institutional regulation has created certain concerns within the construction and real estate sector, where actors indicate that some or several of the economic activities within the sector might face certain challenges in becoming Taxonomy aligned. As the EU Taxonomy has recently been disclosed, there is still little existing research associated with the new regulation and its potential impact on actors within the market. This study therefore aims to contribute to this research gap by studying the potential challenges companies within the construction- and real estate sector, namely residential developing companies, are facing when the EU Taxonomy enters legislation. This study has been conducted in accordance with a qualitative method, using semi-structured interviews to collect data. Targeted participants in the study have been industry employees within the positions of development managers, sustainable managers, and financial managers, or similar, this to get a grasp of the three important perspectives that relates to the implementation of the EU Taxonomy: the technical-, organizational- and economic perspective.Based on the result of this study there are some identified factors that may cause certain challenges for the residential developer when practically implementing the technical screening criteria outlined in the EU Taxonomy. These factors are associated with residential developers' previous ...
An Explorative Study of the EU Taxonomy´s Impact on Residential Developers in the Swedish Market ; En undersökande studie av EU:s Taxonomi och dess påverkan på bostadsutvecklare på den svenska marknaden
Larsson, Andrea (Autor:in)
01.01.2021
Hochschulschrift
Elektronische Ressource
Englisch
DDC:
690
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