ESMA proposes simpler EU Taxonomy reporting
AI summary of the source article
ESMA has delivered technical advice to the European Commission recommending simplified key performance indicators under the Taxonomy Disclosures Delegated Act. The proposals include narrowing mandatory OpEx KPIs and simplifying group Taxonomy reporting.
Why it matters
The proposals support ESMA's simplification and burden reduction objectives, while focussing reporting on information that is useful for decision-making, and preserving the relevance, comparability and reliability of Taxonomy disclosures.
Key facts
- ESMA published a Final Report advising the European Commission on simplifying Taxonomy Disclosures Delegated Act KPIs.
- Recommendations include restricting the mandatory OpEx KPI to non-capitalised research and development expenditure and removing the weighted-average KPI.
- The technical advice was coordinated with other European Supervisory Authorities and submitted to the European Commission.
Source excerpt · ESMA
ESMA proposes simpler EU Taxonomy reporting 29 October 2026 Issuer disclosure Sustainable finance The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published its Final Report providing technical advice to the European Commission on simplifying key performance indicators under the Taxonomy Disclosures Delegated Act. ESMA recommends narrow…