"In this document, the Platform on Sustainable Finance proposes a structure for a social taxonomy within the present EU legislative environment on sustainable finance and sustainable governance. This environment currently consists of:
(i) the existing legislation and proposed initiatives on the EU taxonomy; (ii) the proposed corporate sustainability reporting directive (CSRD); (iii) the Sustainable Finance Disclosures Regulation; and (iv) the sustainable corporate-governance (SCG) initiative. Although all these pieces of legislation influence this report, the focus of this work was above all on the present structure of the environmental taxonomy, a point which was even more stressed when public feedback highlighted that market participants expected a common structure for social and environment"

"Emissions reporting is the first, and arguably one of the most important steps you can take to reduce your company’s footprint. This will help you identify where you need to take action to reduce your emissions. Once you know what the problem is and where the most intense
areas of emissions are, you can create a strategy to cut your greenhouse gas emissions and potentially save money for your business."