The EU Taxonomy is the first-of-its-kind sustainable business classification system that aims to standardize for the investment community what qualifies as an investment in a sustainable business. It ...
Banks are using artificial intelligence for ESG disclosure and reporting and assessing EU Taxonomy alignment is emerging as one of the strongest use cases to date as it underpins EU regulation.
The partnership between the banking platform, Temenos (SIX: TEMN), and Greenomy’s, EU Taxonomy alignment SaaS solution, “expedites fully automated non-financial reporting and monitoring of the ...
Faced with “dense” and complex information, the AMF in France is encouraging financial institutions to continue their efforts to “improve the transparency of their Taxonomy reporting.” In a report ...
Cheema-Fox, Alex, Megan Czasonis, Piyush Kontu, and George Serafeim. "Corporate Alignment with the EU Taxonomy for Sustainable Activities: First Evidence from Financial Accounting Data." Journal of ...
Reporting under the EU taxonomy has begun and the results aren’t pretty. As of Sept. 16, only 25.6% of companies’ revenue, on average, 32% of capital expenditure (capex), and 25.3% of operating ...