With the EU Taxonomy Regulation (Regulation (EU) 2020/852) which
entered into force on 12 July 2020, and the Disclosure Regulation
(Regulation (EU) 2019/2088), the EU is pursuing the aim of steering
investments and financial flows on the capital market towards
"green" (financial) products and sustainable business
activities. For this purpose, the EU taxonomy defines in various
delegated legal instruments when a company acts in an
environmentally sustainable manner. Accordingly, financial market
participants must publish information on the sustainability risks
of financial products or, within the framework of sustainable
investments, demonstrate the EU environmental goal, the type and
scope of the taxonomy-compliant economic activities in which the
product is invested and the percentage share of the
taxonomy-compliant activities in the overall portfolio.
Furthermore, alongside large corporations already affected, small
and medium-sized capital market-oriented companies