The EU Taxonomy is one of the most important ESG regulations introduced in 2020 by the European commission. It is a cornerstone of the EU's sustainable finance framework and an important market transparency tool, helping direct investments to the economic activities most needed for the transition, in line with the EU European Green Deal objectives.
EU Taxonomy is a European classification system of environmentally sustainable economic activities. It determines science-based criteria that have to be met by businesses in order to call their operations green. The regulation also requires corporations and financial institutions to disclose a portion of their revenue, expenses, investments and assets that are aligned with the EU Taxonomy.
In this course, we will talk about the history and purpose of green taxonomies, the global developments with the main focus on the EU taxonomy. We will briefly talk about key EU sustainability regulations which are interlinked with the taxonomy regulation, including NFRD, SFDR and CSRD, and discuss why sustainable taxonomy is important for the green transition and how it is designed and used. We will look at taxonomy-related terminology, including eligible, aligned, transitional and enabling economic activities, go through the core reporting requirements of the non-financial corporations, including Turnover, CapEx and OpeEx KPIs. We will examine the main disclosures of credit institutions, and calculate Green Asset Ratios (GAR) using Turnover and CapEx approaches. You will learn about key performance indicators that investment firms, asset managers and insurance companies have to calculate and report under the EU Taxonomy. We will also talk about the benefits of the EU Taxonomy regulation compliance and challenges of reporting implementation.
The course has been designed on the request of the students who wanted to see more technical details with regards to preparation of reports. So for this course we have a fantastic guest speaker and the technical expert in ESG reporting - Anastasia Kuznetsova, who will take us through the technical side of calculating EU Taxonomy KPIs and filling in reporting templates for non-financial corporations, credit institutions, asset managers, investment firms, and insurance and reinsurance companies.
Learn about the purpose of green taxonomies and the latest global developments
Understand how the EU taxonomy fits within EU sustainability regulations
Discover the challenges and benefits of compliance with EU Taxonomy Regulation
Discover the impact of EU Taxonomy on non-EU companies
Learn how to calculate EU taxonomy KPIs and fill in reporting templates for non-financial corporations and financial institutions
Green Taxonomies Definition, History and Purpose
Green Taxonomies Typical Structure and Limitations
The Global Landscape of Green and Sustainable Taxonomies and Potential for Alignment
EU Sustainable Finance Regulatory Approach and Role of EU Taxonomy
FREE PREVIEWSustainable Finance Disclosure Regulation (SFDR)
Non-Financial Reporting Directive (NFRD) and Corporate Sustainability Reporting Directive (CSRD)
EU Taxonomy - Entities in Scope
Interrelationship between CSRD, SFDR and EU Taxonomy and Impact on other regulations
EU Taxonomy Basics: Eligibility, Alignment and Minimum Safeguards
Challenges of EU Taxonomy Implementation for Corporates and Key Financial Terms
EU Taxonomy Disclosure Requirements for Non-Financial Corporations
FREE PREVIEWNon-Financial Corporations - Turnover KPIs
Non-Financial Corporations - CapEx and OpEx KPIs
Benefits of EU Taxonomy and why non-EU companies should consider voluntary reporting
Challenges in EY Taxonomy Implementation for Financial Services
Credit Institutions - Turnover and CapEx based KPIs for Banking Book
Credit Institutions - Practical Example of Green Asset Ratio (GAR) calculation
Asset Manager - Turnover and CapEx KPIs
Asset Managers - Practical Example of Taxonomy KPIs calculation
Investment firms EU Taxonomy Disclosures
Insurance and Reinsurance Companies EU Taxonomy Disclosures
Benefits of EU Taxonomy reporting for Financial Institutions and Conclusion
Handout slides for the course
File with practice calculations used in the course
Additional resources with links
Before you go, and thank you!
Financial and ESG Professionals involved in preparation of the EU Taxonomy reports
Financial analysts and other financial services professionals who work with green taxonomies for their financial analysis and investment strategy
Corporate Executives, including leaders and sustainability officers aiming to integrate green taxonomies into business strategy and reporting
Management consultants and software providers who guide companies on compliance and sustainability strategies
Policy Makers and Regulators who are developing taxonomies for their countries or regions or working on the alignment of taxonomies
Individuals seeking employment in sustainability/ESG reporting
Anyone interested in sustainable and green finance, sustainable development, ESG regulations, and EU developments in green transition
Why don't you get access to all courses?
£179.99
Full access to all courses
The programme covers:
👉 the history and politics of climate change negotiations, including key climate agreements and the latest developments such as Inflation Reduction Act in the US and Green Deal Industrial Plan in Europe,
👉 decarbonisation and energy transition, key technologies (renewables, nuclear power, hydrogen, carbon capture and utilisation, long duration storage, etc),
👉 transport and heavy industry decarbonisation,
👉 climate and ESG reporting (including introduction to key climate reporting regulations and guidelines, including TCFD, GRI, SBTi and ISSB, deep dive into EU Taxonomy and overview of other EU regulations such as NFRD, SFDR and CSRD,
👉 net zero strategies and GHG reduction,
👉 circular economy,
👉 business case for corporate sustainability, ESG risks and opportunities, sustainable development, sustainability certifications,
👉 blockchain applications in climate change, and much more.
