EU Taxonomy is the usual name for an EU regulation that supports companies in sustainable environmental and climate action (Regulation (EU) No. 2020/852 of the European Parliament and of the Council of 18 June 2020 on establishing a framework to facilitate sustainable investment and amending Regulation (EU) No. 2019/2088).
The EU Taxonomy Regulation makes it mandatory to disclose information on how and to what extent an activity qualifies as environmentally sustainable. According to Article 3 of the Ordinance, an environmentally sustainable activity is one that makes a significant contribution to one or more of the environmental objectives identified in the Ordinance, does not cause significant harm to other environmental objectives, meets minimum safeguards in the area of human rights, among others, and complies with technical qualification criteria.
By verifying compliance with the EU Taxonomy, investors are able to see what percentage of their assets can be classified as sustainable and “green” and which areas of their business need to be upgraded to be considered sustainable.
The EU Taxonomy means benefits for both companies and investors, as well as society.
By demonstrating compliance with the EU Taxonomy, the company can confirm that its operations can be classified as sustainable, covering aspects such as mitigating climate change, supporting a circular economy and preventing emissions, for example. In addition, it will increase its chances of obtaining financing from green investment development funds.
In the coming years, taxonomy will be one of the primary interpretations to confirm that individual company activities are sustainable. The methodology for verifying this data will be standardized for entire sectors of the economy, so that it will be possible to compare with other companies in a real and measurable way.
JWA experts have extensive experience in EU Taxonomy. We will support you at every stage of the process of implementing the requirements of the Regulation. We will perform an initial assessment of compliance with the Taxonomy. We will point out areas that may have a negative impact here, and we will recommend measures to ensure that your facility demonstrates compliance.
You can count on our advice for both existing and newly designed buildings.
1.
We will introduce you to the EU taxonomy and provide a list of necessary documentation.
2.
We will thoroughly verify the documentation.
3.
We will conduct a preliminary assessment of data compliance with the EU Taxonomy.
4.
We will discuss compliance assessments with you.
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