EU green taxonomy: principles and criteria
The EU green taxonomy is a classification of sustainable economic activities. It aims to channel capital towards genuinely low-carbon activities and prevent financial greenwashing.
How it works
An activity is aligned if it contributes substantially to an environmental objective (including climate change mitigation), does no significant harm to the others (DNSH principle) and meets minimum social safeguards. Companies report the share of aligned turnover, CapEx and OpEx.
Link with the carbon assessment
Demonstrating mitigation requires solid emissions data. A carbon assessment and performance thresholds objectify the contribution. UltraCarbon provides the emissions and intensities useful for these analyses.
Frequently asked questions
Who is concerned by the taxonomy?
Mainly large companies subject to the CSRD and financial players, but the effect spreads across the whole value chain.
What is the DNSH principle?
Do No Significant Harm: an activity must not significantly harm the other environmental objectives to be considered sustainable.