Legal & Regulatory News

EU Platform on Sustainable Finance releases report on screening criteria for environmental objectives of the EU Taxonomy

28 November 2022

On 28 November 2022, the EU Platform on Sustainable Finance (the Platform) published a report (the Report) on the methodology and technical screening criteria for environmental activities covered in the EU Taxonomy (EU 2020/852).

The Report supplements an initial report published in March 2022, providing an update on the Platform's work, as well as a number of new recommended methodology frameworks for Taxonomy enabled activities and technical screening criteria for sector specific activities. Notable new additions include:

  • specific recommendations to the European Commission on developing future criteria for enabling activities;
  • development of additional sectoral technical screening criteria for activities including building, manufacturing, transport and forestry activity for biodiversity; and
  • updates to the existing sectoral frameworks for the manufacturing of chemical products and for tourist accommodation grounds.

Click here to view the report.