The regulator has recommended simplifying several disclosure requirements under the EU taxonomy regulation, including the removal of certain key performance indicators (KPIs) and revisions to reporting templates.
The European Banking Authority (EBA) has proposed a series of targeted changes to sustainability disclosure requirements under the EU Taxonomy Regulation, with the aim of reducing reporting complexity and improving the usefulness of information disclosed by credit institutions and investment firms. The proposals are intended to support the European Commission’s forthcoming review of the framework The recommendations were set out in the EBA’s response to the European Commiss