EU Taxonomy
We support you in reporting on your alignment with the EU Taxonomy by identifying eligible activities and calculating the required KPIs.
- Identify eligible activities that are aligned with the EU Taxonomy
- Prepare the CSRD-required reporting correctly
- Reduce the risk of errors when calculating Taxonomy KPIs
- We will get back to you within 24 hours
- First free online consultation
- No commitment, just a conversation
Incorporate sustainability into your business strategy, just as these clients of ours have done:
EU Taxonomy Consulting: Reporting & Alignment
The EU Taxonomy is the European classification system that defines which economic activities can be considered environmentally sustainable.
Companies subject to the CSRD must report on the extent to which their activities align with the EU Taxonomy, assessing in particular which activities are eligible, whether they meet the technical alignment criteria, whether they comply with the DNSH principle, and whether they comply with the minimum safeguards (Minimum Safeguards).
Ollum provides EU Taxonomy compliance services and supports companies in the key activities required for reporting, including:
- Mapping of business activities and identification of eligible activities
- Verification of technical alignment criteria (including the DNSH principle)
- Analysis of Compliance with Minimum Safeguards
- Calculation of the taxonomy KPIs (revenue, CAPEX, and OPEX) required by the CSRD
- Preparation of supporting documentation for audits, reviews, and sustainability reports
Let’s also consider the most recent regulatory simplifications, such as the new materiality thresholds for non-financial companies.
Why relying on a EU Taxonomy Consultant?
The EU Taxonomy is one of the most technical aspects of ESG reporting. Many companies find it difficult to correctly apply the criteria set forth in the regulations. For this reason, working with a EU Taxonomy Consultant can offer several benefits:
Understanding Which Activities Are Eligible
One of the main challenges involves identifying business activities relevant to the taxonomy. Expert assistance helps ensure that activities are correctly mapped and verified for inclusion in the European classification.
Properly apply the technical criteria (including DNSH)
The taxonomy alignment criteria are complex and include detailed technical requirements, such as the DNSH principle. An expert consultant assists the company in interpreting the criteria and verifying their application.
Link business activities to the European classification
Many companies have difficulty linking their operational activities to the taxonomy classification and the corresponding codes. A methodologically sound analysis helps ensure that reporting is consistent and defensible, even during an audit.
What steps are involved in our consulting services on the European Taxonomy?
Let’s now take a look at the steps involved in our EU Taxonomy services to help your company align with the requirements of the European Taxonomy:
1. Analysis of Business Activities
Let’s analyze the company’s economic activities to identify those that are eligible under the EU Taxonomy, using tools such as the EU Taxonomy Compass.
2. Assessment of Alignment Criteria
For eligible activities, we verify compliance with the technical alignment criteria, including the DNSH principle and the minimum safeguards.
3. Calculating Taxonomy KPIs
We assist the company in calculating the KPIs required by regulation, including revenue, CAPEX, and OPEX, in accordance with the taxonomy.
4. Support for Reporting and Auditing
We prepare the technical documentation required for CSRD reporting, the sustainability report, and any reviews by auditors.
In what other cases is compliance with DNSH required?
The DNSH principle is one of the criteria used to assess the alignment of economic activities with the EU Taxonomy. However, it may also be required in other contexts, such as calls for proposals under the NRRP or European funds.
In these cases, we encourage you to consult our service dedicated to DNSH support and climate proofing.
Where do we work?
We offer consulting services to help clients align with the EU Taxonomy throughout Italy and internationally, thanks in part to our joining the TÜV AUSTRIA group.
Do you have a question?
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Do you have a question?
Request support
Whether you have a question about our services, a general inquiry, a partnership proposal, or simply want a free initial consultation with an expert in European taxonomy to see how we can support you—feel free to contact us with no obligation!
One of our consultants will respond within 24 hours!
“Professionalism, passion, availability, and competence are the characteristics that identify Ollum. Under their supervision, we identified the main sources of CO2 emissions and developed effective strategies to reduce them.”
Diego Ferrante, QHSE of Gruppo Trasporti Romagna