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Sustainable Finance Taxonomy European Commission

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

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

A&O Shearman on

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

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

A&O Shearman

EU Platform on Sustainable Finance response to Taxonomy Delegated Act consultation

A&O Shearman on

The Platform on Sustainable Finance, an advisory body to the European Commission (EC) established under Article 20 of the Taxonomy Regulation, has published its response to the EC's Taxonomy Delegated Act consultation. The...more

Proskauer - Regulatory & Compliance

EU Platform on Sustainable Finance Focuses on Usefulness of Taxonomy in Response to European Commission Proposal

On the 26 March 2025, the EU Platform on Sustainable Finance (“Platform”) responded to the European Commission’s call for evidence on the draft delegated regulation amending the Taxonomy Delegated Acts (the “Taxonomy”)....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

Goodwin

Corporate Sustainability Reporting in the EU: Simplification, Decluttering, and Regulatory Burden Reduction Under Omnibus I or...

Goodwin on

The keenly awaited details of the EU’s proposed first omnibus package were published on 26 February 2025. The package includes amendments to the Corporate Sustainability Reporting Directive (CSRD) (including revision and...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

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

A&O Shearman

European Commission 2025 work programme

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The European Commission (EC) has published a communication outlining its 2025 work programme. The EC also published the annexes to the 2025 work programme which include: - Annex I – new initiatives. The table in this annex...more

Proskauer - Regulatory & Compliance

European Commission’s Competitiveness Compass – is it the roadmap for simplification of EU sustainability regulations?

On 29 January 2025, the European Commission published a communication on its Competitiveness Compass for the EU (COM(2025) 30). The Competitiveness Compass outlines the European Commission’s proposed initiatives for the next...more

A&O Shearman

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

A&O Shearman on

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

A&O Shearman on

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

Mayer Brown Free Writings + Perspectives

The EU Green Bond Standard

Christmas is coming early to the ESG bond market as the new EU Green Bond Standard applies from 21 December 2024. The new standard is conceptually similar to existing ICMA use of proceeds standards but quite different in...more

A&O Shearman

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

A&O Shearman on

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

Mayer Brown

The ESMA Sets Out Its Long-term Vision on the Functioning of the Sustainable Finance Framework

Mayer Brown on

On 24 July 2024, the European Securities and Markets Authority ("ESMA") published an opinion on the sustainable finance regulatory framework (the "ESMA Opinion"), which outlines the ESMA's long-term vision for the functioning...more

Proskauer - Regulatory & Compliance

A step closer to SFDR changes under ESAs’ Final Report  

On 4 December 2023 the European Supervisory Authorities (the “ESAs”) published their final report on updating the regulatory technical standards of the Sustainable Finance Disclosure Regulation (“SFDR Level 2”). The...more

Jones Day

Adoption of Final Version of European Green Bond Standard: A New Landmark Tool for Sustainable Finance

Jones Day on

The Situation: On October 5, 2023, the European Parliament and the Council of the European Union adopted the European Green Bond Regulation ("EuGB Regulation"), establishing a voluntary harmonized standard open to both EU and...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

Proskauer Rose LLP

SFDR on course for change

Proskauer Rose LLP on

The European Commission has published two consultation papers that seek views on the fundamental features and effectiveness of the Sustainable Finance Disclosure Regulation (SFDR). The purpose of both the targeted and the...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

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