SustainCase newsletter – wk3, January 2025

EU Platform on Sustainable Finance Unveils Proposals to Simplify, Expand EU Taxonomy
The Platform on Sustainable Finance (PSF), an expert group mandated by the European Commission to advise it on the development of sustainable finance policies, announced the launch of a new consultation on a series of proposed updates to the EU Taxonomy, aimed at simplifying and expanding the classification system for defining sustainable economic activities.
China sustainable transport revolution: EVs to overtake petrol cars
China’s sustainable transport is marking a historic transformation in 2025, as electric vehicle sales are set to surpass traditional cars for the first time in the country’s history.
Case study: How IDLC works with its clients and customers to encourage sustainable practices
January 9, 2025 – IDLC is a prominent financial institution in Bangladesh that provides products and services across the Corporate, SME, Retail, and Capital Market sectors. IDLC’s portfolio composition includes approximately 29% Corporate clients, 40% SME clients, and 31% Retail (Consumer) clients. IDLC is dedicated to the core principles of sustainable development—aiming to enhance economic prosperity, foster environmental sustainability, and encourage equitable and inclusive societal growth. IDLC is a signatory of the Principles for Responsible Banking (PRB) and is, accordingly, working with its clients and customers to encourage sustainable practices and enable sustainable economic activities. Read more.