If you want to reduce your carbon footprint, you first need to know exactly what it is. Determining emissions through measurements, not estimates, is the initial step. Know your carbon footprint.
Clear data proof is expected from you anyway. With the taxonomy - already in force - and the CSRD - expected to come into force in 2023 - the EU is prescribing exactly what the information on greenhouse gas emissions and sustainability should look like. And whether your organisation is directly affected or not. If not, your stakeholders certainly are. Or their stakeholders. The duty to contribute to greater overall sustainability is fundamental
The taxonomy for sustainable finance regulation, which has already come into force, is a set of rules that defines whether an activity is environmentally sustainable. Although it mainly addresses the financial sector and establishes rules for finance classified as sustainable, it is also a broader guide for the implementation of sustainable activities.
It can help companies to present themselves better to customers, investors or even to public interested parties and to shape and accelerate the transition to more sustainability.
The CSRD, Corporate Sustainability Reporting Directive, which is expected to take effect from 2023, standardises companies' communication with stakeholders, for example of how taxonomy-compliant measures prove themselves in practice.