RAF042/2223 - Research on the impact to companies of the EU's Green Taxonomy Framework

The research aim is to improve the evidence base on the expected benefits from a UK green taxonomy, corporate disclosures against such a taxonomy, and understanding any barriers to achieving these by engaging companies who have had to comply with the EU requirements. More specifically, DBT want this research to:

• Identify preparer views towards the framework, as well as the benefits of disclosure for both preparers (i.e., companies) and potential users (i.e., investors and consumers) - for instance, how are the current disclosures (on eligibility) being used, how might alignment disclosures be used in future, and are there any key information gaps that the disclosures would be addressing.
• Understand the journey to compliance for EU companies in scope of the EU green taxonomy disclosure obligations - this will provide DBT with a good understanding of the steps to mandatory disclosure.
• Identify the most challenging aspects of the compliance journey and the main drivers of cost - this will provide a good understanding of which stages may be more challenging and therefore costly than others.
• Identify where amendments should be made along the compliance journey to reduce the burden of compliance and improve the usefulness of information.