CSRD

 The EU Taxonomy and CSRD are often mentioned together in sustainability reporting discussions—and for good reason. The EU Taxonomy is the EU’s classification system for sustainable economic activities. The Corporate Sustainability Reporting Directive (CSRD) mandates that companies disclose how aligned their operations are with this taxonomy . In this blog, we’ll explore: What the EU Taxonomy is How it connects to CSRD disclosures What companies must report Common challenges How EcoPrism automates EU Taxonomy alignment What Is the EU Taxonomy? The EU Taxonomy is a regulatory framework that defines which economic activities are environmentally sustainable . It’s a key part of the EU Green Deal and is used to direct investments and corporate behavior toward sustainability. 🔗 European Commission: What Is the EU Taxonomy? Core Objectives of the EU Taxonomy For an activity to be considered sustainable under the taxonomy, it must: Substantially contri...