Scope
Financial market participants (product disclosures) and CSRD/NFRD-scope undertakings (turnover/CapEx/OpEx KPIs)
EU · regulation
EU Taxonomy Regulation
Regulation (EU) 2020/852 + Delegated Acts 2021/2139 (Climate), 2021/2178 (Disclosures), 2022/1214 (Complementary), 2023/2486 (Environmental)
Penalties
Enforced via CSRD/SFDR supervision and national competent authorities
Last verified
2026-08-25
In plain language
What this law does
The EU's classification system for environmentally sustainable economic activities: an activity qualifies if it substantially contributes to one of six objectives, does no significant harm to the others, meets Dictionary termMinimum safeguardsMinimum safeguards are baseline social and governance protections that must be considered alongside environmental criteria in certain sustainable finance frameworks.Read the full definition , and satisfies Dictionary termTechnical screening criteriaTechnical screening criteria are detailed conditions used to determine whether an economic activity substantially contributes to, or avoids significant harm to, specified environmental objectives.Read the full definition . Feeds SFDR product disclosures and CSRD KPI reporting.
Formal requirements
What the law requires
Reviewed provisions grouped by practical purpose. Use the official text for the full legal context.
Disclosure requirements
Partial Dictionary termAlignmentThe deliberate process of making strategies, requirements, incentives, data or actions consistent enough to support a shared objective without necessarily making them identical.Read the full definition option
EU Taxonomy — Regulation (EU) 2020/852 + Delegated Acts (2021/2139 Climate · instrument-level citationreduced template granularity
EU Taxonomy — Regulation (EU) 2020/852 + Delegated Acts (2021/2139 Climate · instrument-level citation10% Dictionary termMateriality thresholdA materiality threshold is the point at which information, impact, risk or error is considered significant enough to affect a decision, assessment or disclosure.Read the full definition — activities <10% of turnover/CapEx may be treated as non-material.
EU Taxonomy · instrument-level citation
Metrics and KPIs
Investment-firm KPIs for fees and commissions.
EU Taxonomy — Regulation (EU) 2020/852 + Delegated Acts (2021/2139 Climate · instrument-level citationDealing on own account.
EU Taxonomy — Regulation (EU) 2020/852 + Delegated Acts (2021/2139 Climate · instrument-level citationinsurer underwriting KPI
EU Taxonomy — Regulation (EU) 2020/852 + Delegated Acts (2021/2139 Climate · instrument-level citationoff-balance-sheet KPIs
EU Taxonomy — Regulation (EU) 2020/852 + Delegated Acts (2021/2139 Climate · instrument-level citationtrading-book KPI
EU Taxonomy — Regulation (EU) 2020/852 + Delegated Acts (2021/2139 Climate · instrument-level citation
Required documents
Templates — Annex 2 (non-financial turnover/CapEx/OpEx templates), Annex 6 (GAR Templates 0–7), Annex 12 (nuclear & gas Templates 1–5), eligibility vs Dictionary termAlignmentThe deliberate process of making strategies, requirements, incentives, data or actions consistent enough to support a shared objective without necessarily making them identical.Read the full definition , breakdown by objective / transitional / enabling.
EU Taxonomy · instrument-level citation
Dictionary
Key terms for this law
Terms with a retained, published connection to this legal source.
- Environmentally sustainable economic activity (Art. 3)EU Taxonomy
- Minimum safeguardsEU Taxonomy
- Technical screening criteria (TSC)EU Taxonomy
- Enabling activity (Art. 16)EU Taxonomy
- Transitional activity (Art. 10(2))EU Taxonomy
- Taxonomy-eligibleEU Taxonomy
- Six environmental objectives (Art. 9)EU Taxonomy
- Turnover KPIEU Taxonomy
- CapEx KPIEU Taxonomy
- OpEx KPIEU Taxonomy
- GAR numeratorEU Taxonomy
- FinGuar KPIEU Taxonomy
- AuM KPIEU Taxonomy
- Counterparty-based calculationEU Taxonomy
- Significant harm (Art. 17)EU Taxonomy
- Green asset ratio (GAR)Commission Delegated Regulation (EU) 2021/2178, Annex V, points 1.1 and 1.2.1
Claims
Explore claims affected by this source
Search or filter the reviewed connections, then open one claim for its full market-by-market assessment.
- 1.5°C-aligned” / “Paris-aligned
Why this claim is connected
Validated pathway; disclose Dictionary termMetricA defined method of quantification or calculation, including its unit, formula, boundary and data rules, used to express an aspect of performance or condition.Read the full definition scope (portfolio vs operations)
- Green bondDictionary termGreen bondA green bond is a bond whose proceeds are intended to finance or refinance eligible environmental projects or assets.Read the full definition
Why this claim is connected
Use EuGB designation or state framework (ICMA GBP) + Dictionary termAllocationAllocation is the partitioning of inputs, outputs or impacts among co-products, functions or systems in an assessment.Read the full definition /impact reports; no implied official status
- Green hydrogenDictionary termGreen hydrogenGreen hydrogen is hydrogen produced using renewable electricity, typically through electrolysis, with low associated operational greenhouse gas emissions.Read the full definition
Why this claim is connected
'Green/renewable' hydrogen only where RFNBO criteria met (Dictionary termAdditionalityAdditionality is the test of whether an emissions reduction or removal would not have occurred without the carbon finance, intervention or incentive being claimed.Read the full definition , temporal & geographic correlation); Guarantees of Origin tracking; low-carbon hydrogen threshold 3.38 kgCO₂e/kgH₂ (methology 2025).