EU Taxonomy: Delegated Acts with TSC for remaining four environmental objectives and amending climate TSC published in Official Journal

The following Delegated Acts under the EU Taxonomy were published in the Official Journal of the EU on 21 November 2023:

• Delegated Act with the technical screening criteria (“TSC”) for the remaining four environmental objectives (circular economy, water and marine resources, pollution prevention and control, and biodiversity and ecosystems - also known as “Taxo4” or “Taxo 4”) and which also makes the necessary amendments to the existing Taxonomy Disclosure Delegated Act; and
• Delegated Act which amends the existing Taxonomy Climate Delegated Act to include climate adaption and mitigation TSC for additional economic activities and some changes to existing climate TSC.

For details of what each Delegated Act does, see our previous blog post. 

Disclosures in respect of the TSC in the new Delegated Acts will apply as follows:

• From 1 January 2024: All entities report on eligibility (for the previous calendar year)
• From 1 January 2025: Non-financial entities report on alignment (for the previous calendar year)
• From 1 January 2026: Financial entities report on alignment (for the previous calendar year)