Example representation to illustrate the software

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EU Taxonomy Regulation . The EU Taxonomy Regulation sets out criteria according to which investments can be considered environmentally sustainable. It is intended to help promote investments in companies and projects that support the transition to a sustainable economy. The regulation uses criteria to provide the framework according to which investments can be considered sustainable. Insurance companies must meet these criteria in order to be considered sustainable and to be able to promote their products and services accordingly. The criteria are the EU's six climate goals. The company can earn a kind of "seal" by having a significant positive impact on at least one of the environmental goals without significantly affecting any of the other goals. In addition, the minimum protection for occupational safety and human rights must be met.

Disclosure Regulation
The Disclosure Regulation requires companies to disclose information cyprus consumer email list about their sustainability performance in order to provide investors and customers with greater transparency and comparability. This particularly applies to the disclosure of information on climate risks and opportunities, the impact of climate risks on the company, and the company's sustainability goals and strategies. Customers' requirements and expectations have changed significantly. The Disclosure Regulation makes it possible to select products and services according to individual needs.

Overall, the Disclosure Regulation, the Taxonomy Regulation and the CSRD are closely linked and together form a comprehensive set of rules to promote sustainability and transparency in companies.

Sustainability reports: Creating a uniform data basis and (partially) automating evaluation processes
As an IT service provider, it is important to us to help our customers meet regulatory requirements and, ideally, generate added value in the end. We are less concerned with analyzing regulatory requirements and implementing them in the company strategy than with supporting the necessary processes using selected IT solutions.

It is easy to imagine that the reporting obligation according to the regulatory requirements of the CRSD and Taxonomy Regulation requires the consolidation and evaluation of a large amount of data from very different data sources. Today, this required information is often extracted manually from the data sources and compiled in Excel tables. In the next step, the insights required for the sustainability reports must be extracted from the information collected.