EU Green Taxonomy & SMEs/SMPs


Address by CPA Ireland President, Aine Collins.

Speakers: Sean O’Reilly, Assistant Head - School of Accounting and Finance and Dr Louise Gorman, Lecturer in Finance, Technological University Dublin. 

CPA Ireland in collaboration with TU Dublin are offering CPD hours for our members to participate in a one-hour interactive workshop on sustainability reporting. As part of this event, attendees will obtain a high-level overview of sustainability reporting and the standards in place, the current situation and future outlook along with the implementation of a practical example. Participants would then be encourage to undertake a 10 minute survey to assist TU Dublin in their involvement in an Erasmus + project entitled Integrated Reporting and Education for Sustainability, where they are seeking feedback from accountants on the implementation of the EU Green Taxonomy.

 Webinar Schedule

1.00 – 1.05: Introduction
1.05 - 1.25: Overview of the Sustainability Reporting, the current status of the legislation and future directions.
1.25 - 1.35: Introduction to a practical case study to show how EU Green Taxonomy could be implemented for SMEs.
1.35 - 1.45: Survey
1.45 - 2.00: Q&A / Wrap-up.

EU Green Taxonomy

The EU taxonomy is a classification system, establishing a list of environmentally sustainable economic activities. It is intended to facilitate a significant increase in sustainable investment within the EU and the implementation of the European green deal. The EU taxonomy provides companies, investors and policymakers with appropriate definitions of environmentally sustainable economic activities. The taxonomy will be implemented in over 49,000 companies across the EU from January 2024. The European Commission has indicated the intention to extend this reporting requirement a much wider range of companies, ultimately including SMEs, with suggestions it may take place as soon as 2026.