The MATERIALITY Methodology in the „Compendium of Practices for the Application of the EU Taxonomy in Poland”

The MATERIALITY methodology was included in the Compendium as one of the four tools recommended by the Working Group—alongside initiatives by the Polish Development Fund and POLSIF, and projects by the Polish Development Fund. This recognition stems from concrete results: Since 2021, dozens of companies listed on the Warsaw Stock Exchange (GPW) and private-sector companies have been using the model we developed to carry out a full cycle of disclosures in accordance with Articles 8 and 18 of the EU Taxonomy Regulation. 

The compendium describes a four-step methodology—from identifying activities eligible for the Taxonomy, through the allocation of revenues, CapEx and OpEx, through verification of compliance with technical eligibility criteria (TEC) and Minimum Guarantees, to the calculation and preparation of ready-to-use KPI tables. A special focus is placed on a tool that supports the assessment of compliance with the Minimum Guarantees, taking into account the UN Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises —an area that, in reporting practice, continues to pose the greatest interpretive challenges for organizations. 

For ESG specialists responsible for the annual taxonomy cycle, the Compendium can serve as a valuable reference point —both in terms of comparing their own approach to identifying and allocating financial data and in assessing whether their documentation procedures are sufficient during the audit attestation phase. 

The full text of the „Compendium of Practices for the Application of the EU Taxonomy in Poland” can be found on the website of the Ministry of Development and Technology. We encourage you to read it.  

For more information on the EU Taxonomy, please visit our page at the preparation of the regulatory document “Sustainable Finance Taxonomy—Current Regulations and Explanations from the European Commission.”.  

And if you need help implementing the taxonomy process in your organization, please feel free to contact us and read the description „EU Taxonomy Reporting” consulting services with experts from MATERIALITY.