Consultation Response to Taxonomy Delegated Acts to Make Reporting Simpler and Cost-Effective

BETTER FINANCE is committed to protecting the interests of individual investors and ensuring the integrity of sustainable finance. As such, we express our concerns regarding the proposed amendments to the EU Taxonomy framework as outlined in the draft Delegated Act coming from the Omnibus proposal.

While BETTER FINANCE recognises the Commission's intent to simplify reporting and reduce administrative burdens, we believe that the proposed changes risk undermining the fundamental objectives of the Taxonomy Regulation and the EU's sustainable finance agenda. For more details, check BETTER FINANCE's recommendations for Omnibus I (CSRD) revisions.

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