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ARTICLE · 11 JULY 2025

EU Taxonomy: Simplification Measures Adopted

Arthur Cox
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On 4 July 2025, the European Commission adopted a set of measures intended to simplify the application of the EU Taxonomy, aiming to reduce the administrative burden for companies...

IrelandCorporate/Commercial Law
Suzanne Kearney
Suzanne Kearney
Golda Hession
Golda Hession
Lisa Boyle
Lisa Boyle
Sarah Thompson
Sarah Thompson
Sarah O'Sullivan
Sarah O'Sullivan
Katherine Quirke
Katherine Quirke
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On 4 July 2025, the European Commission adopted a set of measures intended to simplify the application of the EU Taxonomy, aiming to reduce the administrative burden for companies subject to the Taxonomy disclosure framework.

By way of reminder, Article 8 of the EU Taxonomy Regulation imposes disclosure obligations on certain non-financial and financial companies regarding how and to what extent their activities are associated with "environmentally sustainable" economic activities. Article 8 currently applies to large public-interest-entities (PIEs) with more than 500 employees; however, the Corporate Sustainability Reporting Directive extends Article 8 disclosure requirements to companies subject to its sustainability reporting obligations.

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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