Work

First-year application of the full EU taxonomy

Year: 2025

Type: article

Abstract: This paper reports on the 2024 reporting practices under article 8 of the Taxonomy Regulation (EU 2020/852) by a sample of 62 listed companies from the European Union. Our research reveals significant differences in how our sample of companies implement the requirements, raising critical questions about comparability and in certain cases the usefulness of the information for the users of sustainability statements. While early diversity in practice is expected, the findings highlight the challenges and potential for improvement, supporting recent moves to simplify requirements as adopted in July 2025 by the European Commission.

Source: Maandblad Voor Accountancy en Bedrijfseconomie

DOI: 10.5117/mab.99.170752

Authors: Erik Boonen, Kees Camfferman, Sebastiaan van Dijk, Marina Stanton

Institutions: PricewaterhouseCoopers (Netherlands), Vrije Universiteit Amsterdam

Language: English

Topic: Corporate Social Responsibility Reporting

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W4416847657

FWCI:

Cites: 4

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