Run your EU Taxonomy reporting with Envoria

Envoria empowers you to efficiently assess your EU Taxonomy compliance by accurately identifying your sustainable economic activities and investments. With an all-in-one approach, the software provides a holistic view of environmental impact.

End-to-end-reporting.png

End-to-end reporting

Run your end-to-end EU Taxonomy reporting process with Envoria, from taxonomy eligibility and alignment checks to financial KPI mapping to the final audit-proof report creation.

Team-Collaboration.png

Team collaboration

Enhance team collaboration with Envoria's user-friendly SaaS solution, enabling seamless communication and data sharing across departments and locations to facilitate accurate and timely EU Taxonomy reporting.

All-in-one-approach.png

All-in-one approach

Envoria’s all-in-one software integrates EU Taxonomy compliance with climate risk assessment, CSRD compliance, and emissions tracking, allowing for effective ESG data management. This approach streamlines workflows and offers a holistic view of your environmental impact.

"Our industry and business activities are complex and so is the EU Taxonomy. Envoria helped us assess hundreds of projects according to the technical criteria set out by the EU Taxonomy. The software is highly adaptable, meeting any needs you might have."

Fanny Gruböck, Head of Corporate Sustainability, PORR AG

Start by evaluating the taxonomy eligibility

Easily identify and categorize your economic activities for taxonomy alignment:

  • Classify your business activities with integrated NACE codes, directly accessible in Envoria
  • Determine eligibility based on industry criteria and activity categories
  • Upload your financial data and identify your business activities with potential taxonomy alignment
  • Review activities that may require further assessment for compliance
Envoria-EU-Taxonomy-business-activity-NACE-class.png

Evaluate the taxonomy alignment for compliance

Screen eligible economic activities for taxonomy alignment by assessing fulfillment of the environmental objectives and reviewing technical evaluation criteria.

  • Assess eligible economic activities for environmental objectives set by the EU
  • Validate alignment with one of the six environmental objectives, the DNSH criteria, and the minimum safeguards
  • Document compliance measures and associated impacts
Envoria-EU-Taxonomy-environmental-objectives.png

Calculate turnover, CapEx, and OpEx

After determining the eligibility and alignment of your economic activities, calculate their financial KPIs directly within Envoria’s EU Taxonomy software. Calculate the:

  • Turnover share that is eligible & aligned with EU Taxonomy
  • Capital expenditures (CapEx) share that is eligible & aligned with EU Taxonomy
  • Operating expenditures (OpEx) share that is eligible & aligned with EU Taxonomy
Envoria-EU-Taxonomy-tunover-CapEx-OpEx.png

Analyze your results and generate audit-proof reports

Analyze and disclose the compliance assessment results together with the data collected on the three KPIs.

  • Use Envoria’s dashboard, visualizations, and key metrics to understand your compliance status and identify improvements
  • Generate audit-proof reports with the help of document uploads and audit logs for each activity
  • Export reports ready for internal and external stakeholders
  • Disclose your final results using the official EU reporting templates integrated into Envoria
Envoria-EU-Taxonomy-Key-Performance-indicators.png

Special EU Taxonomy features

Designed to simplify your EU Taxonomy reporting processes.

Integrated guidelines

The integrated EU Taxonomy guidance and link to the official FAQs provide a great starting point and support throughout your reporting journey.

Stored formulas

The software module includes all rewuired formulas for the EU Taxonomy reporting, ensuring accurate an simplified calculations of your financial metrics.

Preconfigured templates

The software includes pre-built Eu Taxonomy reporting templates specified by the European Union to perfectly align with the regulation.

Integrated NACE codes

Classify your business activities using the NACE codes already integrated in Envoria, ensuring accurate alignment with industry standards.

Minimium safeguards

Choose to reference Article 18 of the EU Taxonomy Regulation or follow the guidance from the Platform on Sustainable Finance (PSF).

DNSH criteria mapping

Map your economic activities against the “Do No Significant Harm” (DNSH) criteria, ensuring EU Taxonomy alignment and providing clear documentation.

KPI status

View the minimum safeguard status, environmental objectives qualification, financial KPI shares, and many more metrics in clear visualizations and dashboards.

Simplified auditing

Enable cost-efficient auditing by granting auditors special user access to Envoria, allowing for streamlined data review and collaboration.

Are you required to conduct a climate risk analysis?

The EU Taxonomy Regulation requires companies to report on their contribution to environmental goals 1 and 2 – climate change adaptation and mitigation. To this end, companies must conduct a robust assessment of climate risks.

Our Climate Risk Assessment Module allows you to easily start your risk analysis by automatically receiving initial risk scores for your locations worldwide – across 28 hazards!

Envoria-Climate-Risk-Assessment.png

Helpful resources

Envoria-x-PwC.png
Envoria

What is the EU Taxonomy and which companies are required to report?

Read More
Joint-venture-and-data-hub-OpenESG.png
Envoria

Download our free Visual Guide on the EU Taxonomy

Read More
Envoria-x-AMANA.png
Envoria

EU Sustainable Finance Framework: How are the EU Taxonomy, CSRD, and SFDR related?

Read More
Envoria-x-PwC.png
Envoria

What is the EU Taxonomy and which companies are required to report?

Read More