On 26 March 2025, the Council of the EU announced that Member States’ representatives (Coreper) approved its position on the so-called ‘Stop-the-clock’ directive which forms part of the Omnibus I package that the European Commission adopted at the end of February to simplify EU legislation in the field of sustainability. The proposed directive
On 26 March 2025, the EU Platform on Sustainable Finance (the Platform) published its response to the European Commission’s earlier call for evidence on a draft delegated regulation amending the Taxonomy Delegated Acts. The Platform welcomes and acknowledges that several of its proposals have been taken into consideration and that overall the proposed amendments
On 21 March 2025, the Platform on Sustainable Finance (Platform), an advisory body to the European Commission, published a report on streamlining sustainable finance for SMEs.
SME sustainable finance standard
To address the challenges SMEs face in greening their activities and in accessing sustainable finance, the Platform proposes in the report to develop
On 5 March 2025, the European Commission issued a Notice which contains technical clarifications responding to frequently asked questions on the technical screening criteria set out in the Taxonomy Climate Delegated Act (including the amendments to the Taxonomy Climate Delegated Act) and the Taxonomy Environmental Delegated Act, as well as the disclosure obligations for the
On 26 February 2025, the European Commission published an “Omnibus package” aimed at simplifying and aligning its sustainability reporting and due diligence laws.
The Omnibus seeks to introduce amendments to the EU Corporate Sustainability Reporting Directive (CSRD), Corporate Sustainability Due Diligence Directive (CS3D) and Taxonomy reporting. The proposal consists of two
On 26 February 2025, the European Commission (Commission) adopted an Omnibus Sustainability package and an Omnibus Investment package.
The Commission’s work programme, published on 11 February 2025, announced a first series of “Omnibus” packages intended to address overlapping, unnecessary or disproportionate rules that are creating unnecessary burden for EU businesses. The
On 24 February 2025, the European Banking Authority (EBA) issued a report on data availability and feasibility of common methodology for environmental, social and governance (ESG) exposures.
The report addresses points (a) and (b) of the mandate under Article 501c(1) of the Capital Requirements Regulation (CRR), requesting the EBA
On 5 February 2025, the EU Platform on Sustainable Finance (Platform) issued a report Simplifying the EU taxonomy to foster sustainable finance.
The report builds on previous Platform work and responds to a European Commission (Commission) mandate to help simplify and improve the effectiveness of the framework of the Taxonomy
On 23 January 2025, the Platform on Sustainable Finance issued a report, Building trust in transition: core elements for assessing corporate transition plans.
The report provides initial analysis to support financial market participants’ assessment of the core elements of transition plans, aligning with the European Commission’s Recommendation on Transition Finance. It identifies core elements
On 16 January 2025, the European Banking Authority (EBA) issued a consultation paper on draft guidelines on environmental, social and governance (ESG) scenario analysis.
The draft guidelines are addressed to Member State competent authorities and to financial institutions as defined in Article 4(1) of Regulation No 1093/2010 which are also institutions