Taxonomy Reporting

RSM's Step-by-Step Approach to Managing the EU Taxonomy for Audit Clients

The EU Taxonomy is part of the EU Green Deal, designed to promote sustainable finance and investments. The goal of the Taxonomy is to develop a classification system for sustainable economic activities to establish a common understanding of which economic activities and investments can be considered sustainable.

Several Norwegian companies are already required to report in accordance with the Taxonomy. RSM can assist your company in the process of classifying activities and identifying economic activities that meet the Taxonomy requirements.

RSM recommends following these steps in working with the EU Taxonomy: 
1) Assess Needs, Scope, and Objectives 
2) Identify and Evaluate Activities 
3) Determine if Activities Meet the Criteria 
4) Perform Gap Analyses Based on Screening Results

Please see model (in Norwegian only):