What are the benefits of the taxonomy to my company?
A goal of the taxonomy is to provide a clear framework for assessing the level of sustainability of one’s business activities. This way, the taxonomy gives you an unambiguous score on which to improve.
A high taxonomy score may lower your cost of capital. The taxonomy score of banks and institutional investors’ portfolios will affect their cost of borrowing, and most banks already provide lower interest rates to companies that operate more sustainably.
With a high taxonomy score, you may be able to:
- Access lower-cost capital
- Increase investor attractiveness
- Demonstrate ESG performance to stakeholders
- Issue Green Bonds
- If listed, be included in mutual funds labelled as sustainable/green
The role of software for CSRD reporting
Should you use software for your CSRD report? What can software do versus consultants? And which criteria do you use to assess software solutions to report in accordance with the ESRS?
20 Concrete Tasks for a Successful CSRD Report — Tested And Proven For Medium-Sized and Large Companies
Here are 20 concrete tasks that take you from "I am overwhelmed by the CSRD" to "I just submitted the CSRD report ahead of time!"