Expanding the EU Taxonomy to Businesses

In connection with the upcoming EU-requirement for corporate sustainability reporting (CSRD), the Danish Business Authority has selected COWI to map the financial consequences of the regulation for the approximately 2,300 Danish companies that are covered. The study will also map the impact on the indirectly affected SMEs, which are expected to contribute their sustainability information to the directly covered companies in their value chain. In the context of the CSRD, the scope of reporting under Article 8 of the Taxonomy Regulation is also expanded, and the consequences of this are included in the study.

In the analysis of the administrative consequences, COWI uses its interdisciplinary competencies in qualitative methodology (interview and questionnaire survey) and quantitative methodology (socio-economic analysis and calculations). These competencies are combined with our expertise within CSRD and sustainability reporting in general. With our methodological competencies and professional understanding of sustainability, COWI has played a crucial role in assessing the most appropriate methods for performing these analyses.