European Commission Proposes Simplifying Sustainability Taxonomy

European Commission proposes simplifying sustainability taxonomy

The changes would reduce the number of reported data points by 89% for financial institutions and 64% for non-financial companies.

EU simplifies Green Taxonomy, sending mixed signals to Africa’s sustainability push - Africa Sustainability Matters

The European Union has announced a sweeping simplification of its sustainability taxonomy, a move aimed at easing the compliance burden for companies across Europe. While the changes are largely designed to benefit EU-based entities, the ripple effects will be felt well beyond its borders, including in Africa, where the EU remains a key trade partner, investor, and climate policy influencer. The EU Taxonomy is a framework that classifies which e…

Quilter Cheviot renames sustainable funds under new FCA labelling rules

Quilter Cheviot announced today (8 July) that it will rename its sustainable investment range as part of the Financial Conduct Authority’s new Sustainability Disclosure Requirements (SDR).

Commission adopts Delegated Regulation designed to cut EU Taxonomy red tape for companies

On 4 July 2025, the European Commission (Commission) adopted a Delegated Regulation amending Commission Delegated Regulation (EU) 2021/2178 as regards the simplification of the content and presentation of information to be disclosed concerning environmentally sustainable activities and Commission Delegated Regulations (EU) 2021/2139 and (EU) 2023/2486 as regards simplification of certain technical screening criteria for determining whether econo…

EU Commission Simplifies Taxonomy Rules to Ease Sustainable Investment Burden

The European Commission has unveiled a series of measures aimed at simplifying the application of the EU Taxonomy, a classification system designed to mobilize capital flows towards sustainable investments. The updates, part of the Commission’s Omnibus I package released in February, seek to reduce the administrative burden on companies, with the Taxonomy being the first in a series of… Source

Commission to cut EU Taxonomy red tape for companies

(Credit:Unsplash) This article is brought to you in association with the European Commission. The European Commission has adopted a set of measures to simplify the application of EU Taxonomy. This will reduce the administrative burden for EU companies, thus enhancing EU competitiveness while preserving core climate and environmental goals. The Taxonomy Regulation entered into force in 2020, and its reporting requirements apply since 2022. By pro…