Collecting EU Taxonomy Data

Getting Started

Global Functions

Administration

Extended Planning & Analysis (xP&A)

Consolidation & Financial Planning

ESG Reporting

User Roles and User Interface in ESG Reporting

General Functions in ESG Reporting

All Steps at a Glance – ESG Reporting

Creating Report

Working with Duplicated ESG Reports

Mapping Double Materiality Assessment Results

Configuring the Report Questionnaire

Collecting Data for ESG Report

Collecting and Reviewing ESG Data

Collecting EU Taxonomy Data

Status Update per Reporting Entity

Assessing Minimum Safeguards

Creating a Business Activity and Performing the Eligibility Assessment

Covering SCC and DNSH Questionnaires

Collecting Financial Data

Checking Data

Generating ESG Report

Exporting Data

Creating Custom Emission Factors

Reopening an ESG Report

Canceling an ESG Report

Disclosure Management

XBRL Tagger

Lease Accounting

Banking & Cash Management

Data Collection

Tax Compliance & Reporting

Glossary

The EU Taxonomy is a classification system established by the European Union to define which economic activities can be considered environmentally sustainable.

In the EU Taxonomy functional area, users can:

Create business activities, such as using solar energy panels, and assess if these business activities are eligible for the EU Taxonomy (see Creating a Business Activity and Performing the Eligibility Assessment).

Perform the alignment assessment, i.e.:

Perform the

minimum safeguards assessment

(see

Performing Minimum Safeguards Assessment

) for a reporting entity.

Cover the SCC and DNSH questionnaires for every business activity (see

Performing Alignment Assessment

Provide an oversight of their reporting entity's financial status (see Collecting Financial Data)

Export the aggregated EU Taxonomy data in standardized Excel format for regulatory compliance and integration with Lucanet Disclosure Management (see Exporting Data).

To be able to start with the data collection for the EU Taxonomy report, you first need to complete the setup of the questionnaire builder (needs to be done by an ESG Administrator, see also Configuring the ESRS or VSME Questionnaire). Otherwise, you cannot access your report in the Reports and Activities workspace.

To create an EU Taxonomy report, we recommend the following step sequence:

Create any number of business activities and perform the taxonomy eligibility.

Fill out the minimum safeguards questionnaire.

Assess the taxonomy alignment for the business activity.

Enter the financial data for the business activity.

You can export collected EU Taxonomy report data in an Excel file, see Exporting Data.

Last updated on Aug 16, 2023

Collecting EU Taxonomy Data

Overview

Prerequisites for Collecting EU Taxonomy Data

Recommended Step Sequence

Overview

Prerequisites for Collecting EU Taxonomy Data

Recommended Step Sequence

Table of Contents

Company

Legal Notice

Collecting EU Taxonomy Data

Overview

Prerequisites for Collecting EU Taxonomy Data

Recommended Step Sequence

Table of Contents

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Company

Legal Notice