Understanding the Difference Between Taxonomy-Eligibility and Aligning Your Business Activities with Environmental Objectives
Alignment means that the eu taxonomy eligible and aligned activity is carried out in such a way that it respects all of the criteria for each environmental objective . The EU Taxonomy is an important tool for businesses aiming to align their activities with environmental objectives . It provides a framework to define, measure and report on how companies are contributing to achieving climate change and other sustainability goals . While many companies are familiar with the concept of Taxonomy-eligibility , there remains some confusion over what it means and how it relates to alignment of business activities with environmental objectives . Understanding this eu taxonomy eligible and aligned distinction is critical for businesses looking to ensure they are properly managing their impact on the environment. To understand the difference between Taxonomy eligibility and alignment , it’s important to first have an understanding of what “Taxonomy-eligible” means. To be eligible under the