KEY TAKEAWAYS
Ensure your EU Taxonomy report is accurate and save time and money by leveraging technology
Whether you are looking for a more efficient way to report on EU Taxonomy, the broadest data coverage in the market, or the most reliable mapping of data to key taxonomy requirements (e.g., NACE code mapping) – you can find all of those with the help of advanced technology.
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First, EU Taxonomy reporting can be complex, but it doesn’t have to be. Often, those reporting are working through at least nine arduous steps to prepare their reports for regulators. What if instead of nine steps, you could do it in three? When the way to report is integrated directly into your workflow, you can experience more than a 50% gain in efficiency – including on the cost to report [See Figure 1].
Additionally, solving for data coverage can be a bear. Without the right coverage, reporting certainly won’t be easy – in fact, it may be impossible. We have not only the largest reported-data database – more than five times as much as the closest competitor – and a full database of more than 40,000 companies [See Figure 2]
Lastly, we see other providers mapping EU Taxonomy activities incorrectly due to their treatment of NACE codes. To learn more about the pitfalls of reporting without leveraging advanced technology, please download our 6-pager to see case studies of inaccurate data in other providers’ systems and how that could affect your EU Taxonomy reporting.
