The EU’s environmental classification legislation for sustainable finance, in short EU Taxonomy Regulation (2020/852), is a large-scale, regulatory-based framework that encourages companies to define environmentally sustainable economic activities. The Regulation is an EU tool to steer the economy towards sustainable development.
The Regulation obliges financial market companies and large listed companies to classify, assess and publish their economic activities following sustainable development criteria. Companies have to meet the requirements gradually from the beginning of 2022. In the future, the Taxonomy Regulation will apply to a broader range of business entities.
Companies are now preparing to comply with the EU Taxonomy Regulation, a highly demanding and complicated process. To date, little assistance has been available to assess the conformity of a large-scale classification system and to report data.
Join the launch of the digital solution
On Wednesday, September 29, 2021, the sustainability consultancy company Ecobio will be the first in the world to provide a comprehensive and easy-to-use digital solution for complying with the EU Taxonomy Regulation.
Welcome to the launch of Ecobio’s digital taxonomy service as a part of Ecobio Manager on Wednesday, September 29, 2021, at 9:30 AM (UTC+3)!
At the event, Ecobio’s founder and Head of Development, Dr. Sanna Perkiö, will shed light on the origin and significance of the solution for both the EU economy and companies. Ecobio’s experts, Ph.D. Katrine Hoset and Director Evelina Meski will review the EU taxonomy regulation and how companies can adequately meet the new sustainability classification and reporting requirements with a digital solution right from the start.
Before the launch, welcome to take part in the webinar at 9.00 AM (UTC+3) if you want to have detailed information on the EU taxonomy.
Read more about EU Taxonomy Classification and Reporting here.
Are you in or out of the Taxonomy classification and reporting requirements? The Taxonomy quiz by Ecobio helps you determine whether your company is affected by the Taxonomy classification and reporting requirements. Test here.