Commission Notice on the interpretation and implementation of certain legal provisions of the EU Taxonomy Regulation and links to the Sustainable Finance Disclosure Regulation

Summary:

Guidance provided by the European Commission on 12 June 2023 concerning the interpretation and implementation of certain legal provisions of the EU Taxonomy Regulation and links to the Sustainable Finance Disclosure Regulation (SFDR).

Further information:

This guidance seeks to provide some clarifications on how operations should consider the requirements for compliance with minimum safeguards under the Article 18 of Regulation (EU) 2020/852 (the EU Taxonomy Regulation). It also aims to clarify the status of investments in Taxonomy-aligned economic activities and assets under Regulation (EU) 2019/2088 (the Sustainable Finance Disclosure Regulation).

The document only clarifies existing provisions in the applicable legislation. It does not extend the rights and obligations deriving from such legislation, nor do they introduce any additional requirements for the concerned operators and competent authorities. It was published in the Official Journal on 16 June 2023.