Taxonomic disclosures
Support in developing and verifying taxonomic disclosures.
See how we can help you.
The so-called taxonomy regulation has mandated that many companies report on the environmental impact of their operations. The purpose of introducing this regulation is to steer capital towards environmentally sustainable activities.
What is taxonomy in ESG?
A taxonomy is a systematic EU framework that precisely defines which activities qualify as environmentally sustainable. It establishes technical classification criteria to determine if an activity contributes to reducing climate change.
However, preparing taxonomy disclosures, which involves collecting data on the percentage of revenues, capital expenditures (CapEx), and operating expenses (OpEx) related to environmentally sustainable products and services, can pose challenges for many companies.
We provide support through training to prepare responsible personnel for disclosures and address concerns. Additionally, we offer preparation of taxonomy calculations, alleviating this burden from your company.
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Case studies
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Tax
200% write-off under R&D relief vs. an individual interpretation
ALTOstratus
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