The ESG register · EU

Taxonomy Regulation

Six environmental objectives, technical screening criteria and the turnover, capex and opex shares to state.

Identifier

Förordning (EU) 2020/852 — CELEX 32020R0852

Status

in force

Applies

2022-01-01

Supervisor

Nationella finanstillsynsmyndigheter, ESMA

Who is covered

Companies reporting sustainability under CSRD and financial market participants marketing products.

Requirements in the text

• Artikel 3

  Criteria for environmentally sustainable activities

  An economic activity is environmentally sustainable when it substantially contributes to at least one of the six environmental objectives, does no significant harm to the others, meets minimum safeguards on human rights and labour, and complies with the technical screening criteria. All four conditions must hold at once; contribution alone does not suffice if the harm test fails.

  Example — A wind farm substantially contributes to climate mitigation but is tested against the biodiversity harm criterion, where a species survey and buffer distances are required before the activity can be considered aligned.

• Artikel 8

  Disclosure of turnover, capex and opex

  Companies within the scope of sustainability reporting must state the share of turnover, capital expenditure and operating expenditure attributable to taxonomy-aligned activity. Figures are reported in the prescribed templates, separating eligible from aligned activity, and disclosing numerator and denominator.

  Example — A property group reports that 71 percent of turnover is eligible but 38 percent aligned, because the energy performance criterion is not met in three older assets.

Counterpart in the other regime

• SEC Names Rule · United States · 17 CFR § 270.35d-1 (Release IC-35000)

Official source — EUR-Lex, förordning (EU) 2020/852 · read 2026-09-01 · Taxonomy and financial products