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Our Taxonomy and CSRD's approach

Our Teals methodology is a tested approach that has already demonstrated its value through real-world applications. By addressing sustainability challenges with precision and insight, we’ve successfully guided businesses in navigating complex regulatory landscapes and achieving impactful results. Each application of Teals reflects our commitment to turning theory into tangible, sustainable progress.

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1. Assess applicability​

  • Determine if your organization falls within the scope of CSRD and EU Taxonomy regulations by evaluating factors such as company size, market presence, geographical locations, group structure, operational activities,​

  • Identify internal key stakeholders (contributors, owners) and external ones mapping the value chain for relevant parties (risk & financially based)​.

 

Teals share its strong understanding of the legal requirements, interpretation and make them actionable. That phase depends on the size of the company.



​2. Educate and train

  • ​Provide comprehensive mentoring to key stakeholders on CSRD requirements and EU Taxonomy technical criteria to ensure a clear understanding and prepare the teams in the transformation journey. We train your colleagues on the job through workshops, materials and experts. We provide updates on evolving regulatory obligations as well as industry practices.

     

 

​3. Collect data & conduct assessment​

  • Identify and prioritize the sustainability topics and activities that are most relevant to your business and stakeholders,​

  • Gather necessary data on your organization's economic activities​,

  • Assess the eligibility and alignment to technical criteria through our short list of questions and models, (Taxonomy)​

  • Assess the double materiality for corporate activities, products & services and the relevant parties in the value chain, leveraging Teals risk models and conducting tailored due diligence​.

     

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4. Develop risk & compliance roadmap​

  • Formulate a strategy to address identified gaps, implement necessary policies, and integrate sustainability considerations into business operations to meet CSRD and EU Taxonomy requirements,

  • Define KPIs and key milestones​,

  • Embed as much as possible the strategy, roadmap and documentation into existing framework and managerial approach​.

     

 

5. Implement reporting and disclosure​

  • Collaborate with your audit firm to rapidly align on their future controls,

  • ​Support you in developing automated data management solutions for the reporting or selecting and integrating external vendor applications, ​

  • Prepare and publish sustainability reports in accordance with CSRD standards, including disclosures on how your activities align with the EU Taxonomy.

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