64% of Spanish companies carry out activities covered by the European Green Taxonomy

64% of the companies active in Spain carry out some economic activity covered by the European Union’s Green Taxonomy, according to the study The Spanish business fabric according to the typology of activities in the European Green Taxonomy, prepared by INFORMA D&B S.A.U. (S.M.E.) (a subsidiary of Cesce). The analysis, carried out on 1,388,462 active companies, identifies 882,976 companies whose activity appears in the European classification of activities that can contribute to the transition to a sustainable economy.

According to Nathalie Gianese, Director of Studies at INFORMA:
“The data shows that the economic impact of the Taxonomy on the Spanish economy is much greater than the perimeter of companies that currently have a direct legal obligation to report their degree of alignment, companies with more than 1,000 employees and more than 450 million euros in turnover“. Added to this is an indirect exposure that has not yet been quantified, corresponding to companies that are part of the supply chains of companies subject to these requirements.

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