EC adopts measures to simplify the application of EU Taxonomy

The European Commission has adopted measures to simplify the application of the EU Taxonomy in the form of a Delegated Act amending the Taxonomy Disclosures, Climate and Environmental Delegated Acts.
The changes, adopted as a Delegated Act, will be scrutinised by the European Parliament and the Council, and are set to apply from January 2026 for the 2025 financial year, with an option for companies to apply from 2026 financial year.

More details, Delegated Act amending the Taxonomy Disclosures, Climate and Environmental Delegated Acts, and the Annexes to the Delegated Act are available at the links in the press release.