EC adopts FAQs on environmental performance reporting under the EU taxonomy
21 Dec, 2023
The EU Commission (EC) has published a frequently asked questions (FAQ) document to assist financial entities with their reporting about environmental performance of activities under the EU taxonomy.
The document aims to support financial entities in meeting their reporting obligations by addressing FAQs arising from the interpretation and implementation of the Taxonomy Disclosures Delegated Act.
The FAQs include guidance on which entities will be in scope of the reporting obligations and assists with the taxonomy assessment of specific exposures. They also consider the rules with regard to the verification and evidence of compliance with the EU taxonomy, as well as questions specifically targeted at credit institutions, insurers and asset managers.
For more information and to access the FAQ document, please see the press release on the EC website.