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Sustainable Finance European Union Climate Change

A&O Shearman

Mansion House: UK Green Taxonomy work will not proceed

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HM Treasury (HMT) has published its response confirming the outcome of its consultation on the potential development of a green taxonomy in the UK. The consultation had sought views on whether such a taxonomy would be an...more

A&O Shearman

EC adopts delegated regulation to simplify EU taxonomy reporting and screening criteria

A&O Shearman on

The European Commission has adopted a Delegated Regulation amending Delegated Regulation (EU) 2021/2178 to simplify reporting requirements for environmentally sustainable activities under the EU Taxonomy Regulation. It also...more

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

Hogan Lovells

Transition Focus: 2024 in Review – transition finance and transition planning developments in the UK and Europe

Hogan Lovells on

We review 2024 developments and thought leadership in transition planning and transition finance. We reflect on the progress made in 2024 following the Transition Plan Taskforce’s publication of its Disclosure Framework in...more

A&O Shearman

European Parliament plenary adopts amendments to Benchmarks Regulation

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The European Parliament has confirmed it has adopted the regulation amending the Benchmark Regulation (for background, please see our update). The regulation will apply to benchmarks defined as critical or significant,...more

Paul Hastings LLP

EU Omnibus: The EU Taxonomy – Why?

Paul Hastings LLP on

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

A&O Shearman

EU Platform on Sustainable Finance publishes updated handbook on climate transition and Paris-aligned benchmarks

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The Platform on Sustainable Finance, an advisory body to the European Commission (EC) has published an updated version of its handbook on Climate Transition Benchmarks and Paris-Aligned Benchmarks (version 2), and has also...more

Jones Day

New Report on Taxonomy Recommends Additional Classification Criteria

Jones Day on

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

Eversheds Sutherland (US) LLP

FundsTrack: Private funds market insights - 2025 report

We are delighted to present the 2025 edition of our award-nominated private funds report, "FundsTrack: Trends in the Private Funds Market." 2024 was yet again an interesting time for private funds. Multiple elections...more

A&O Shearman

EC guidance on technical screening criteria published

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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

McDermott Will & Schulte

Simplification Omnibus Package

On February 26, 2025, the EU Commission presented the first part of the Omnibus Simplification Package announced in January 2025. This formal legislative initiative aims to simplify and harmonise existing EU regulations...more

A&O Shearman

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

A&O Shearman on

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

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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

A&O Shearman

EBA report on data availability and feasibility of a common methodology for ESG exposures

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The European Banking Authority (EBA) has published a report on the data availability and feasibility of a common methodology for ESG exposures. In accordance with the mandate under Article 501c(1) of Regulation 575/2013...more

Proskauer Rose LLP

Q&A: What does 2025 have in store for sustainability in European infrastructure funds?

Proskauer Rose LLP on

Within the investment industry, sustainability is an area that has evolved significantly over the past few years. For infrastructure funds, the regulatory environment and regional differences have created a complex landscape...more

Proskauer - Regulatory & Compliance

Streamlining Sustainable Finance: Simplification of the EU Taxonomy

On 5 February 2025, the EU Platform on Sustainable Finance (the ‘‘Platform’’) published a report with recommendations on how to simplify the EU Taxonomy (the ‘‘Report’’). The EU Taxonomy is the EU’s classification system for...more

A&O Shearman

EU Platform on Sustainable Finance publishes report on enhancing usability of EU Taxonomy framework

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The EU Platform on Sustainable Finance has published a report on enhancing the usability of the EU's Taxonomy regime. The report takes account of the European Commission's stated ambition to streamline ESG reporting...more

A&O Shearman

European Commission communication on EU competitiveness compass

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The European Commission has published a communication on a Competitiveness Compass for the EU, which sets out an action plan in response to the Draghi report published in September 2024. The communication sets out the...more

Morrison & Foerster LLP

2025 ESG + Sustainability Predictions

In 2024, challenges to environmental, social, and governance (ESG) and sustainability initiatives in the United States proliferated internationally. This proved true, even as Europe promoted additional ESG and climate/social...more

A&O Shearman

EU Platform on Sustainable Finance makes recommendations on the development and assessment of corporate transition plans

A&O Shearman on

The EU Platform on Sustainable Finance has published a report on the development and assessment of corporate transition plans. The PSF identifies core elements for evaluating transition plans and makes recommendations to the...more

A&O Shearman

European Banking Authority publishes draft guidelines on ESG scenario analysis

A&O Shearman on

The European Banking Authority has published a consultation paper on its draft guidelines on ESG scenario analysis. For institutions using ..the internal ratings-based approach for calculating the own funds requirements for...more

Hogan Lovells

EU SFDR: the future of sustainable finance disclosure and recommendations of the EU Platform on Sustainable Finance

Hogan Lovells on

2024 was set to be the year of review for the Sustainable Finance Disclosure Regulation (SFDR). A number of different approaches have been suggested by the European Commission, national competent authorities and other...more

Latham & Watkins LLP

European Banking Authority Launches Consultation on Guidelines on ESG Scenario Analysis

Latham & Watkins LLP on

The draft guidelines outline expectations for institutions to adopt forward-looking strategies and incorporate scenario analysis into their management framework to assess resilience against the negative impacts of ESG...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

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