As the EU strives to meet its net zero targets, it has introduced an obligation for financial companies to measure, report and manage their sustainability performances. EFLA can guide you through the process.
The EU’s Taxonomy Regulation is a sustainable finance framework that defines the criteria for describing a financial product or activity as “environmentally sustainable”. It aims to provide transparency and to prevent greenwashing. Alongside, the EU has implemented the Sustainable Finance Disclosure Regulation (SFDR) that obligates financial companies to inform stakeholders about ESG metrics, and the Corporate Sustainability Reporting Directive (CSRD) that strengthens the rules about the information that companies must report according to European Sustainability Reporting Standards (ESRS). EFLA’s experts assist organizations in presenting non-financial information on social responsibility to fulfil these criteria and those of the UN’s Global Compact, the Global Reporting Initiative (GRI) and NASDAQ, among others.
Quality and sustainability
At EFLA, we are deeply committed to improving sustainability standards across sectors. Our team of experts has broad knowledge and years of experience in working with organizations, municipalities, and public institutions. We emphasize close cooperation with our clients, understanding their needs and analyzing their processes, products and markets. We can work with you on identifying the most significant environmental impacts of your operations, and taking action to resolve them. We will help you implement a comprehensive environmental management system, certified according to ISO 14001. Further vital components of our sustainability work include monitoring, compiling and analyzing data, and writing and reviewing sustainability reports.
Your financial sustainability journey
The business world is a key player in the EU’s Green Deal, which sets a target of decreasing greenhouse gas emissions by 55% by 2030 and achieving carbon neutrality by 2050. Disclosure of sustainability information is an important component. It can be a complex process – but EFLA’s team of specialists is here to help. We would be delighted to partner with you on your sustainability journey.