What is EU Taxonomy Data Solutions and Benefits
Identify companies and activities in your portfolio eligible for EU Taxonomy alignment. Inrate’s extensive history of evaluating environmental impact aligns seamlessly with regulatory expectations, enabling us to deliver comprehensive EU Taxonomy solutions.
EU Taxonomy Data
The EU Taxonomy regulation provides a classification system to assess the environmental sustainability of economic activities via a standardized framework. Its objective is to help financial market participants identify opportunities aligned with their sustainability goals and mitigate risks associated with greenwashing or unsustainable practices.
Navigating the complexities of EU Taxonomy regulation can be daunting due to the scarcity of reliable datasets. Inrate’s curated EU Taxonomy dataset is developed to enable simplified insights to empower sustainable investment decisions.
EU Taxonomy Alignment Solutions
Inrate uses its existing business activity classification, reported data, environmental impact ratings, and a detailed controversies assessment to provide you with thorough EU Taxonomy Data.
Determine Involvement in Eligible Activities
Determine whether your portfolio has entities with economic activities eligible for Substantial Contribution i.e. activities that could substantially contribute to EU’s environmental objectives.
Example: A company that manufactures light bulbs can contribute to climate change mitigation by providing energy-efficient light bulbs to buildings.
Read More : https://inrate.com/esg-data-so....lutions/compliance-d
Assess Minimum Contribution to Relevant Environmental Objectives
Assess whether an eligible activity has a substantial contribution to relevant EU environmental objectives.
Example: Examine whether the company providing energy-efficient lightbulbs meets the criteria for efficiency as determined by the EU’s Technical Screening Criteria.
Evaluation of the ‘ Do No Significant Harm’ Principle
Evaluate whether a company’s eligible economic activity satisfies the EU’s ‘Do No Significant Harm’ principle, i.e. it does not have a significant negative impact on other EU environmental objectives.
Example: A company involved in the manufacturing of energy-efficient equipment for buildings should ‘Do No Significant Harm’ to the environmental objective – Transition to a Circular Economy, Waste Prevention, and Recycling.
Ensure Minimum Safeguards are Met
Ensure a company meets the EU’s ‘Minimum Safeguards’, i.e. it has certain practices and policies to avoid negative impacts on society.
Example: A company manufacturing energy-efficient building equipment should not be employing child labor to do so.
Why Choose Inrate:
1. Impact Lens
2. Flexible Data Models
3. Dedicated Client Support
4. Regulatory Alignments
About Inrate:
Inrate, a Sustainability Data and ESG Ratings company, helps financial institutions view sustainable finance from an “impact” lens. The contemporary responsible investor needs data that supports a variety of use cases and stands up to scrutiny. Inrate scales the highest quality and standards and deep granularity to a universe of 10,000 issuers, allowing portfolio/fund managers, research, and structured product teams to make confident decisions.
