From improved data on businesses’ sustainability impacts to achieving the European Green Deal
Companies play an indispensable role in achieving the European Green Deal and the Sustainable Finance Action Plan, which is why the EU has tightened the requirements for the preparation of reliable, comparable and relevant information on risks and opportunities and the sustainability impacts of businesses.
The central components of the new requirements are the Taxonomy Regulation with the corresponding delegated regulations and complementary delegated regulations, the Sustainable Finance Disclosure Regulation (SFDR) and the new Corporate Sustainability Reporting Directive (CSRD). Their combined application should reduce the gap between users’ information needs and the current reporting practices of companies.
How can Oikon Ltd. – Institute of Applied Ecology help?
For over two decades, we have been actively contributing to the implementation of the six environmental objectives defined in the Taxonomy Regulation: mitigation and adaptation to climate change, sustainable use and protection of waters and marine resources, the transition to a circular economy, pollution prevention and control, and the protection and restoration of biodiversity and ecosystems. More than 50 of our highly educated experts cover no less than 18 professional fields and use interdisciplinary approaches to find the best possible solutions – useful solutions that can be applied in everyday life.
In accordance with the requirements of the Taxonomy Regulation, we can make an assessment of whether your economic activity contributes significantly to one or more environmental objectives, whether your economic activity is harmful to another environmental objective, whether it is carried out in accordance with minimum (social) safeguards and whether it meets the technical screening criteria. The assessment will determine whether or not your economic activity is aligned with the EU taxonomy and whether you need to take action to improve it. Finally, we can help you calculate the key indicators of economic compliance: revenue, CAPEX and OPEX.
With us, the EU taxonomy becomes simpler and more manageable, and you become ready for the new, more comprehensive and more stringent corporate sustainability reporting requirements.
Feel free to contact us for consultations or an offer.