Cority X Sustainalize

EU Taxonomy Meets CSR Reporting Obligation & The Corporate Carbon Footprint and Scope 3

A new era of EU regulation is coming now that the Corporate Sustainability Reporting Directive (CSRD) and the EU taxonomy Regulation are taking shape. What does this mean for your company and what new risks and opportunities does the regulation bring?

With the COP26 currently being held in Glasgow the climate crisis remains a high topic on the agenda for organizations. How can they address the greenhouse gas emissions in their value chain (Scope 3)?

Together with the experts from Cority, we organized two webinars where we give you insights into how to meet these new requirements, how you can gather the necessary data and what role digital solutions play with regards to the reliability and quality of your sustainability-related data.

EU Taxonomy Meets CSR Reporting Obligation: How the New Requirements of the Taxonomy Regulation will Change Sustainability Reporting

The interaction between the real economy and the financial market is one of the essential elements in proactively shaping a sustainable and decarbonized transformation. European decision-makers have likewise acknowledged that and developed a path for Responsible Investing in the form of the EU Sustainable Finance Action Plan. The action plan aims to use financial approaches and instruments such as the Transparency and EU Taxonomy Regulation to promote a sustainable and resource-efficient economy. The EU Taxonomy is intended to introduce a uniform classification system for sustainable economic activities – initially in the area of climate and environmental protection – in the EU. This will expand and change the requirements for non-financial or sustainability reporting in companies in practice.

How can you reliably and transparently meet these new requirements through digital transformation? Get an understanding of the EU taxonomy – its ambition, its goals and, above all, its effects and requirements for future sustainability reporting in practice.

In this webinar we covered:
  • What the EU Taxonomy is and what it is intended to achieve
  • What impact the EU taxonomy will have on companies and their sustainability management
  • What new requirements the EU taxonomy will place on sustainability reporting in the future
  • What the advantages are of leveraging sustainability software for sustainability reporting 
The Corporate Carbon Footprint and Scope 3 Climate Data as the Challenging Crown of the CO2 Balance in Practice

An agitated civil society, led by the young climate activist Greta Thunberg, has increased the pressure on politicians and businesses to take bold action against climate change. And the financial market is also increasingly concerned with the climate impact of industries and is increasing the pressure in turn – especially through the EU taxonomy. For most companies, the first step is to identify and assess their corporate carbon footprint (CCP), the so-called CO2 balance or climate balance. Scope 1, 2 and 3 climate data (according to the Greenhouse Gas Protocol) are used to measure how much CO2 a company emits directly and indirectly along the value chain. In practice, measuring the indirect Scope 3 climate data poses particular challenges for companies.

Gain insight into the world of corporate carbon footprinting and its requirements for professional data management. We will walk you through the challenges in corporate practice but above all share practical tips for collecting Scope 3 climate data, which can be considered the crowning achievement of the carbon footprint. Learn how to meet these challenges with a digital solution to bring reliability and quality to your climate data.

In this webinar we covered:
  • Why it’s important for companies to be aware of their carbon footprint
  • The challenges and opportunities of a corporate carbon footprint
  • The key steps to a corporate carbon footprint
  • The best approach to collecting indirect Scope 3 climate data

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Met OV

Phasellus dignissim nulla tincidunt ultrices interdum. Nulla a enim ullamcorper, consectetur ligula sit amet, rutrum ante. Praesent cursus viverra urna ut sagittis. Sed nunc felis, hendrerit sit amet odio a, mattis laoreet mi. Quisque diam turpis, convallis at ultrices eu, vehicula a urna. Suspendisse potenti.