EU Taxonomy: Further Simplifications required

In its statement, Deutsches Aktieninstitut welcomes the EU Commission’s objective of reducing regulatory burdens arising from the regulation and its delegated acts. For the Technical Screening Criteria (TSC) and the Do-No-Significant-Harm (DNSH) criteria, we advocate (a.o.) for adjustments in the sectors of “traffic and transport” as well as “new buildings” and “manufacture of low carbon technologies”. Furthermore, we believe that companies should be allowed to report under the EU Taxonomy on a voluntary basis. Regarding the proposed 10 percent materiality threshold for economic activities, additional guidance from the EU Commission is necessary to bring about the intended simplification.