Telefnica S A : Digitisation in the European Taxonomy

Recall that the primary objective of the European Taxonomy is to establish a robust framework that redirects investment towards activities that can have the greatest impact on achieving European environmental goals. Therefore, the Taxonomy should be viewed as a crucial component of the existing EU policy priorities, aimed at transforming the economy into a digital, green, and sustainable model. It is essential that the Taxonomy exhibits regulatory coherence by strictly aligning with European policy objectives. Consequently, the taxonomy should serve as the foundation for the regulatory framework established following the announcement of the European Green Deal.

From Telefónica’s perspective, we believe that the current model should fully embrace the enabling potential of communication networks. This recognition should not only…



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