Sustainability Committee

DUFAS responds to consultation on European Taxonomy

Views & publications Consultation responseSustainability

On February 26, as part of the Omnibus I package, the European Commission published a consultation on simplifying reporting on the European Taxonomy for Sustainable Economic Activities. To this we have responded from DUFAS

We support simplification of the requirements, as it will make it easier and more accessible for companies to show whether and how they contribute to sustainability transitions. This puts our members in a better position to include this information in sustainable investment decisions and to report on it themselves. At the same time, we do point out in our response that the proposal is not equally clear on all points and that further tightening is needed. In addition, it is important to bring the legislation around the Taxonomy in line with other regulations, for example the SFDR. We discuss these and other issues in more detail in our comments.