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European Commission Climate Change Taxonomy

Jones Day

EU Commission Adopts Simplification Measures for the EU Taxonomy

Jones Day on

On July 4, 2025, the Commission adopted a set of measures to simplify the application of the EU taxonomy, in the form of a Delegated Act amending the Taxonomy Disclosures, Climate and Environmental Delegated Acts....more

Jones Day

NGOs File A Formal Complaint Against the Omnibus Procedure

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Just as the European institutions adopted a Stop The Clock before a deep dive on Omnibus provisions, a coalition of NGOs filed a formal complaint on April 18, 2025, with the European Ombudsman. They claim the European...more

Paul Hastings LLP

EU Omnibus: The EU Taxonomy – Why?

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In 2018, the European Commission set forth a classification system to determine whether businesses are environmentally sustainable. The EU Taxonomy followed the legalistic style of the French Civil Code and flummoxed...more

A&O Shearman

EU platform on sustainable finance reports on technical criteria for new activities and review of the Climate Delegated Act

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Following its call for feedback on a draft report, The Platform on Sustainable Finance, an advisory body to the European Commission (EC) has published a final report on technical criterial for new activities and first review...more

Jones Day

New Report on Taxonomy Recommends Additional Classification Criteria

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In parallel to the proposed “Omnibus”, which will likely revise the 2020 Taxonomy Regulation, the EU Platform on Sustainable Finance just issued a 397-page report recommending revisions to the technical screening criteria of...more

A&O Shearman

EC guidance on technical screening criteria published

A&O Shearman on

A Commission Notice was published in the Official Journal of the European Union on the interpretation and implementation of certain legal provisions of the EU Taxonomy Environmental Delegated Act, the EU Taxonomy Climate...more

A&O Shearman

EC call for evidence on amendments to Delegated Regulation under Taxonomy Regulation

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The European Commission (EC) has published a call for evidence on a draft Commission Delegated Regulation amending Commission Delegated Regulation 2021/2178 in relation to the simplification of the content and presentation of...more

A&O Shearman

EC proposes omnibus sustainability package

A&O Shearman on

The European Commission (EC) has published two omnibus proposals on sustainability and EU investments, designed to address overlapping, unnecessary or disproportionate rules that are creating unnecessary burdens for EU...more

White & Case LLP

EU Omnibus Package: 10 things you should know about the proposed changes to key sustainability legislation

White & Case LLP on

The European Commission published an "Omnibus" package of proposed changes on 26 February, marking the start of a process that could result in significant changes to key EU laws on sustainability reporting, diligence and...more

A&O Shearman

EU platform on sustainable finance draft report and call for feedback on activities and technical screening criteria to be updated...

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The EU Platform on Sustainable Finance has published a draft report on activities and technical screening criteria to be updated or included in the EU taxonomy, with a related call for feedback. The draft report, prepared by...more

Proskauer - Regulatory & Compliance

EU Taxonomy developments: EU Platform on Sustainable Finance call for feedback on draft report on new activities and updated...

On 8 January 2025, the EU Platform on Sustainable Finance (PSF) published a draft report and launched a call for feedback on proposed updates to the EU taxonomy. This includes revisions to the Climate Delegated Act and new...more

A&O Shearman

EU Platform on Sustainable Finance report on categorization of products under Sustainable Finance Disclosure Regulation

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The EU Platform on Sustainable Finance has published a report on the categorization of products under the Sustainable Finance Disclosure Regulation. The Platform recommends categorizing products with the following...more

A&O Shearman

European Commission Guidance for Financial Institutions on Disclosures Delegated Act under Taxonomy Regulation

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A European Commission notice has been published in the Official Journal of the European Union on the interpretation and implementation of certain legal provisions of the Disclosures Delegated Act on the reporting of...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - May 2024 #2

In this week’s edition, the European Commission contacted 20 airlines requiring them to address potentially misleading or inaccurate green claims. The International Sustainability Standards Board (ISSB) launched its digital...more

Jones Day

The Climate Report: Fourth Quarter 2023

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REGULATORY ISSUES & UPDATES - Mandatory Climate Change Reporting Requirements Under the New European ESRS E1 - The implementation of the European Sustainability Reporting Standards poses risks for reporting companies,...more

A&O Shearman

SFDR Consultation and Review by European Commission – a first step towards SFDR 2.0

A&O Shearman on

The Commission has launched a far reaching consultation and review of SFDR, long expected by the industry. This bulletin provides an overview, as well as giving thought as to what we might see in terms of SFDR 2.0....more

Goodwin

The Seeds for SFDR II? Two EU Commission Consultations

Goodwin on

The European Commission (the Commission) has published two consultations to both evaluate and assess enhancements to the EU’s Sustainable Finance Disclosure Regulation (SFDR). Open until 15 December 2023, the Commission is...more

Cadwalader, Wickersham & Taft LLP

EU’s General Court Dismisses Action by MEP Against the Commission’s Inclusion of Nuclear Energy and Natural Gas in the EU Taxonomy

On June 21, 2023, the General Court of the European Union rejected an action brought by a Member of the European Parliament (MEP) seeking to annul European Commission legislation that identified certain activities related to...more

Hogan Lovells

EU Sustainable Finance Package and development in EU Taxonomy and SFDR interactions

Hogan Lovells on

On 13 June 2023, the European Commission published a new sustainable finance package. In particular the package of measures included (i) recommendations in respect of facilitating transition finance, (ii) a proposal in...more

Cadwalader, Wickersham & Taft LLP

European Commission Action on Climate Taxonomy and ESG Rating Provider Regulation

On June 13, 2023, the European Commission published “a new package of measures to build on and strengthen the foundations of the EU sustainable finance framework.” The aim is to ensure that the EU sustainable finance...more

Goodwin

The EU Sustainable Finance Package: key points for private fund managers

Goodwin on

On 13 June the European Commission (the Commission) published a new package of measures to bolster the EU sustainable finance framework.  Its aim is to: “ensure that the EU sustainable finance framework continues to...more

Walkers

EU Sustainable Finance Package - June 2023

Walkers on

On 13 June 2023, the European Commission (the "Commission") published a significant sustainable finance package on EU Taxonomy, ESG ratings and transition finance. Expansion of Taxonomy Regulation framework - The...more

Cadwalader, Wickersham & Taft LLP

Greenpeace Sues European Commission Over Inclusion of Gas and Nuclear in EU Taxonomy

On April 18, 2023, eight Greenpeace organizations (the organizations) filed a lawsuit against the European Commission at the European Court of Justice following the Commission’s inclusion of natural gas and nuclear energy in...more

Cadwalader, Wickersham & Taft LLP

NGOs Urge EC Not to Label Certain Agriculture and Livestock Practices as Sustainable

On March 8, 2023, 25 organizations wrote to the European Commission concerning its treatment of agriculture in the forthcoming Taxonomy Delegated Act, urging them to follow the advice published by their own expert group. The...more

Hogan Lovells

EU Taxonomy call for feedback and EU Taxonomy Navigator

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The European Commission has published a call for feedback on proposals for a new set of EU Taxonomy criteria for the remaining environmental objectives. In addition, the European Commission has published the EU Taxonomy...more

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