Read the blog to find out if your investment firm must report by January 2023, and the right steps to take to get an EU taxonomy score.

With the arrival of the EU taxonomy, construction companies, developers, and real estate companies asked themselves an important question: if I certify my building with BREEAM, is it automatically compliant with the EU taxonomy? The question seems logical since a BREEAM certification guarantees that a building meets sustainability criteria. However, to answer this question, we must first understand the similarities and differences between BREEAM and the EU taxonomy.

As the CSRD proposal and ESRS are moving closer to finalisation and adoption, we now have a good overview of what the CSRD will look like and what changes it is set to bring to companies’ sustainability reporting. This blog is a detailed overview of CSRD.

On Wednesday, 6th July, the European Parliament voted not to object to the Commission’s Complementary Climate Delegated Act adding certain nuclear and gas activities to the activities covered by the EU taxonomy. This blog post will look in-depth at the Complementary Climate Delegated Act background, which activities will be covered, and what the inclusion of gas and nuclear in the taxonomy means in practice.

A detailed report on the EU's social taxonomy has now been published by the Platform on Sustainable Finance. The social taxonomy looks set to bring in new reporting requirements but what are they and what could this mean in practice?

For banks, it is crucial to comply with all legislative requirements. With the new EU taxonomy framework, the reporting landscape becomes more complex. This blog lists all best practices to simplify the process and achieve effectiveness.

The taxonomy is required to report on for thousands of EU companies and financial institutions, with the number soon set to increase.

The EU is not the only one developing a sustainable finance taxonomy; there are several countries working on their own sustainability taxonomies, including China, the UK, Mexico, Canada, and Russia. This raises questions as to how these taxonomies will interact.

If you're promoting sustainability or have that as one of your investment criteria or considerations, you'll have to report your sustainability score in accordance with the taxonomy.