Eight years ago, Lily Dai had the privilege of supporting the High-Level Expert Group (HLEG) that recommended the creation of an EU Taxonomy. Four years later, the EU Taxonomy Regulation entered into force. Read this insight to learn more about one of t
During the transition phase spanning from October 1, 2023 to December 31, 2025, CBAM applies “only” to imports of certain CBAM goods. While the scope is expected to expand in the future, for the time being, the combined nomenclature codes, as listed in Annex I of Regulation ...
https://finance.ec.europa.eu/ system/files/2023-06/taxonomy-regulation-delegated-act-2022-environmental-annex-2_ en_0.pdf. Zugegriffen: 12 Juli 2022 EU-Kommission und Rat (2022a). Richtlinie (EU) 2022/2464 der Kommission. https:// eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%...
mandatory elements under the directive—such as assets, capital, the split between related and third-party revenues, or subsidies, which were originally included in "Table 2 - List of taxonomy elements"—have now been moved to a new table titled "Table 3 - List of additional taxonomy elements...
the foundations of the EU sustainable finance strategy for financing the transition to a sustainable economy rests on three pillars: Taxonomy, disclosures, and a tool to prevent green washing (climate 1 16 M. J. Nieto, C. Papathanassiou benchmark regulation and green bond standards).11...
climate change mitigation (Annex I) and climate change adaptation (Annex II). The Taxonomy Environmental Delegated Act — the objective of water and marine resources (Annex I), the transition to a circular economy (Annex II), pollution prevention and control (Annex III), and ...
prepared in accordance with Annex I, point 1.1.2.2, point (b), and point 1.1.3.2, point (b), of Commission Delegated Regulation (EU) 2021/2178. Ataxonomy-eligible economic activityis an economic activity that satisfies Limb A of criteria applicable to an environmentally sustainable economic ...
On 29 January 2024, the Platform on Sustainable Finance, an advisory body to the European Commission,publisheda report entitled “A Compendium of Market Practices: How the EU’s Taxonomy and sustainable finance framework are helping financial and non-financial actors transition to net zero” (t...
The regulation defines embedded emissions as the direct greenhouse gas emissions from the manufacturing of goods, calculated according to methods set out in Annex III of the CBAM regulation1. Direct emissions are those generated from activities a manufacturer owns or controls. The European Comm...
Those relying on bank lending should expect their lenders to scrutinise their disclosures under the CSRD and Article 8 of the EU Taxonomy Regulation. Companies should evaluate their Paris-aligned transition plans–which are likely to be further regulated in coming years. The quality of companies’ ...