EU Tax - Annex XII

Summary (What?)

Clarity AI is releasing a new async API for the EU Taxonomy’s Annex XII use case.

Business impact (Why?)

Under Article 8 of the Taxonomy Regulation, companies subject to CSRD must disclosure their alignment with nuclear energy and fossil gas activities, as specified in the 5 templates under the Annex XII template.

To support this reporting requirement, we have developed two new async API endpoints to retrieve this information:

1. Annex XII Organization-level API: This endpoint returns metrics at PermID level. It contains metrics related to the eligibility and alignment of nuclear energy and fossil gas activities, for mitigation and adaption objectives, for all 3 KPIs (Turnover, CapEx, OpEx).
2. Annex XII Fund-level API: This endpoint allows you to retrieve metrics aggregated for funds at ISIN level. It also contains metrics related to the eligibility and alignment of nuclear energy and fossil gas activities, for mitigation and adaptation across the 3 KPIs.

These two endpoints facilitate compliance with Annex XII disclosure requirements.

Modules and Endpoints impacted (Where?)

List of endpoints by module impacted by this release:

New Features (How?)

1. Annex XII: Created an asynchronous endpoint to return the Annex XII values in CSV format.

Go-live date (When?)

ETA (PROD):

04/Feb/2025

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