Understanding the EU Taxonomy is essential for aligning corporate strategies with sustainability. Companies must report the percentage of turnover aligned with the Taxonomy. This requires analyzing activities based on environmental criteria and calculating the proportion of turnover generated from eligible activities. Despite challenges, complying with the Taxonomy offers opportunities like green financing and improved reputation. Staying updated on Taxonomy developments is crucial. Accurate reporting showcases a company's commitment to sustainability and leveraging available resources assists in navigating Taxonomy complexities.