Dr. Hanne Böckem
Partner, Audit, DPP
KPMG AG Wirtschaftsprüfungsgesellschaft
On 21 November 2023, the so-called "Environmental Delegated Regulation" adopted by the EU Commission in June 2023 on environmental objectives 3-6 and the amendments to the existing Delegated Regulations on content and presentation (so-called "Disclosure Delegated Regulation", (EU) 2021/2178) and on the technical screening criteria for the climate-related environmental objectives (so-called "Climate Delegated Regulation", (EU) 2021/2139) (we reported on this in Express Accounting News issue 18/2023) were published in the EU Official Journal.
Following the expiry of the objection period of the EU Parliament and Council, the Delegated Regulations have now been formally adopted and officially translated into all official languages of the EU member states.
The Delegated Regulations enter into force 20 days after their publication in the Official Journal of the EU and are therefore relevant for the 2023 reporting period. From 1 January 2024 to 31 December 2024 (i.e. in reports on the 2023 reporting period or, in the case of reporting periods deviating from the calendar year, those ending in 2024 but before 31 December 2024), companies should only report on taxonomy eligibility for the new economic activities introduced by the Environmental Delegated Regulation and the amendments to the Climate Delegated Regulation.
The amendments to the Disclosure Delegated Regulation and the amendments to existing economic activities relating to the first two environmental objectives are effective for periods beginning on 1 January 2024 and ending on 31 December 2024
The Delegated Regulations in the version of the EU Official Journal are available here: