21/12/2023
on the interpretation and implementation of certain legal provisions of the Disclosures Delegated Act under Article 8 of the EU Taxonomy Regulation on the reporting of Taxonomy-eligible and Taxonomy-aligned economic activities and assets (third Commission
Financial institutions (asset managers, banks, insurers) will have to report the portion aligned with climate objectives of the taxonomy, starting from January 1, 2024, with a one-year lag compared to non-financial companies. Finance will indeed be able to use the reporting of non-financial companies to determine their key performance indicators (KPIs) for alignment. To help them take the leap, the Commission has published a guide in the form of a frequently asked questions (FAQ) document.