CSRD - Taxonomy reporting

Companies falling under the scope of the Corporate Sustainability Reporting Directive will also be subject to the EU taxonomy regulation. Specifically, they need to adhere to the EU taxonomy regulation reporting, mandated under Article 8 of the EU taxonomy regulation.

It is crucial for these companies to comprehend the contents of the EU taxonomy regulation and be aware of the varied reporting requirements based on their entity type, whether they are a financial undertaking or a non-financial undertaking.

By the end of this course, participants will be able to:

• understand how CSRD and the EU taxonomy regulation are connected;
• grasp the fundamentals of the EU taxonomy regulation;
• illustrate a use case under the EU taxonomy regulation;
• understand the EU taxonomy regulation requirements and the specific elements to consider (e.g., what to include in the numerator and denominator);
• comprehend the latest guidance from the European Union (e.g., how group consolidation needs to be considered).

EU taxonomy regulation:

• requirements
• scope and timeline
• applied use case
• reporting requirements for different types of entities

This training is coordinated by Michael Horvath, Partner at PwC Luxembourg and Julien Jacqué, Director at PwC Luxembourg.

Michael has acquired a strong financial and regulatory audit as well as advisory background and significant experience leading projects in the asset management sphere.

In the recent years, Michael has been particularly involved in various regulatory projects related to the implementation of the EU regulatory framework for sustainable finance (i.e. SFDR, taxonomy regulation, CSRD) at entity and product level. Michael is involved in various other regulatory projects for clients, from DORA, AML/CFT regulation over CSSF circular 18/698 to MICA.

Julien is the EMEA Sustainability in Finance Transformation Leader at PwC and is actively engaged in PwC EMEA’s CSRD Centre of Excellence. With over 11 years of consulting experience, he currently oversees PwC LU’s Sustainability Reporting and Transformation services.

Julien holds a background in Mechanical Engineering and Corporate Finance and has provided extensive support to clients in the implementation of data and technology solutions. Over the past few years, he has assisted both financial and corporate clients in their sustainability journey, spanning strategy, transformation, and reporting. Julien possesses both theoretical knowledge and practical expertise in ESG regulations such as CSRD, EU Taxonomy, EU ETS, and CBAM.