Laws and regulations

Acts and directly binding EU regulations

Taxonomy Regulation

  • Regulation (EU) 2020/852 (external link) of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088 (Taxonomy Regulation)
  • Commission Delegated Regulation (EU) 2021/2178 (external link) of 6 July 2021 supplementing Regulation (EU) 2020/852 of the European Parliament and of the Council by specifying the content and presentation of information to be disclosed by undertakings subject to Articles 19a or 29a of Directive 2013/34/EU concerning environmentally sustainable economic activities, and specifying the methodology to comply with that disclosure obligation
  • Commission Delegated Regulation (EU) 2021/2139 (external link) of 4 June 2021 supplementing Regulation (EU) 2020/852 of the European Parliament and of the Council by establishing the technical screening criteria for determining the conditions under which an economic activity qualifies as contributing substantially to climate change mitigation or climate change adaptation and for determining whether that economic activity causes no significant harm to any of the other environmental objectives
  • Commission Delegated Regulation (EU) 2022/1214 (external link) of 9 March 2022 amending Delegated Regulation (EU) 2021/2139 as regards economic activities in certain energy sectors and Delegated Regulation (EU) 2021/2178 as regards specific public disclosures for those economic activities
  • Commission Delegated Regulation (EU) 2023/2485 (external link) of 27 June 2023 amending Delegated Regulation (EU) 2021/2139 by establishing additional qualifying criteria for environmentally sustainable economic activities as regards climate change mitigation and adaptation objectives
  • Commission Delegated Regulation (EU) 2023/2486 (external link) of 27 June 2023 supplementing Regulation (EU) 2020/852 of the European Parliament and of the Council by establishing qualifying criteria for environmentally sustainable economic activities as regards other environmental objectives and amending Commission Delegated Regulation (EU) 2021/2178 as regards specific public disclosures for those economic activities

Sustainable Finance Disclosure Regulation – SFDR

  • Regulation (EU) 2019/2088 (external link) of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector (SFDR)
  • Commission Delegated Regulation (EU) 2022/1288 (external link) of 6 April 2022 supplementing Regulation (EU) 2019/2088 of the European Parliament and of the Council with regard to regulatory technical standards specifying the details of the content and presentation of the information in relation to the principle of ‘do no significant harm’, specifying the content, methodologies and presentation of information in relation to sustainability indicators and adverse sustainability impacts, and the content and presentation of the information in relation to the promotion of environmental or social characteristics and sustainable investment objectives in pre-contractual documents, on websites and in periodic reports
  • Commission Delegated Regulation (EU) 2023/363 (external link) of 31 October 2022 amending and correcting the regulatory technical standards laid down in Delegated Regulation (EU) 2022/1288 as regards the content and presentation of information in relation to disclosures in pre-contractual documents and periodic reports for financial products investing in environmentally sustainable economic activities

Integration of ESG risks, factors and preferences in the capital market regulation

Other regulations

  • Regulation (EU) 2024/3005 (external link) of the European Parliament and of the Council of 27 November 2024 on the transparency and integrity of Environmental, Social and Governance (ESG) rating activities, and amending Regulations (EU) 2019/2088 and (EU) 2023/2859
  • Regulation (EU) 2023/2631 (external link) of the European Parliament and of the Council of 22 November 2023 on European Green Bonds and optional disclosures for bonds marketed as environmentally sustainable and for sustainability-linked bonds
  • Regulation (EU) 2019/2089 (external link) of the European Parliament and of the Council of 27 November 2019 amending Regulation (EU) 2016/1011 as regards EU Climate Transition Benchmarks, EU Paris-aligned Benchmarks and sustainability-related disclosures for benchmarks

Decrees

Note: This overview of selected sustainable finance regulations relates mainly to the capital market rules. The sustainable finance regulations for other financial sectors (typically for banking) are presented in the legislation overview for those sectors.