The European Commission adopted, on Thursday 22 December, two further guidance documents addressing frequently asked questions on the interpretation and implementation of the EU Taxonomy. (see EUROPE B13072A21).
According to the European Taxonomy Framework, from 1 January 2023, some 4,000 large companies will be required to report in a way that establishes a common language for ‘sustainable business activities’ for financial market participants and investors.
The Commission’s...