Analysis of EU taxonomy reporting – PwC publishes “Taxonomy Reporting Study 2024”

There is progress in the implementation of in the EU Taxonomy Regulation but the taxonomy data is not yet used for strategic purposes

The EU Taxonomy requires companies in the European Union to report on how sustainably they operate and invest. Since January 2022, this applies to industrial and financial companies, and from 2024, these companies must report taxonomy data on eligibility and alignment for the third time.

In July 2024, PwC published the status quo for the third year in a row and the analysis shows an increase in data quality and standardisation, but the data is not yet integrated into strategic planning.

Read the full article in the Sustainability Blog of PwC Germany.