Consultation Paper on Draft advice to EC under Article 8 of the Taxonomy Regulation

Consultation Paper on Draft advice to EC under Article 8 of the Taxonomy Regulation

from 05 November 2020 to 04 December 2020


ESMA invites responses to the questions set out throughout this Consultation Paper and summarised in Annex II. Responses are most helpful if they:

-        respond to the question stated and indicate the specific question to which they relate;

-        contain a clear rationale; and

-        describe any alternatives ESMA should consider.

ESMA will consider all comments received by 4 December 2020.

All contributions should be submitted online at under the heading ‘Your input - Consultations’.

Publication of responses

All contributions received will be published following the close of the consultation, unless you request otherwise. If you do not wish for your response to be publicly disclosed, please clearly indicate this by ticking the appropriate box on the website submission page. A standard confidentiality statement in an email message will not be treated as a request for non-disclosure. A confidential response may be requested from us in accordance with ESMA’s rules on access to documents. We may consult you if we receive such a request. Any decision we make not to disclose the response is reviewable by ESMA’s Board of Appeal and the European Ombudsman.

Data protection

Information on data protection can be found at under the heading ‘Data protection’.

Who should read this paper?

This Consultation Paper may be of particular interest to non-financial undertakings and asset managers covered by Article 8 of Regulation (EU) 2020/852 (the ‘Taxonomy Regulation’) as well as to investors and other users of non-financial information.

Documents available for this Consultation
05/11/2020ESMA30-379-325Consultation Paper - Draft advice to EC under Article 8 of the Taxonomy Regulation
05/11/2020 ESMA30-379-325 Response form - CP on TR Article 8 advice


Activity Institution Download
Asset Management Amundi Group
Asset Management Alternative Investment Management Association
Asset Management ICI Global
Asset Management EFFAS e.V
Asset Management Groupama Asset Management
Asset Management Bundesverband Alternative Investments e.V. (BAI)
Asset Management Invesco
Asset Management Eurosif
Asset Management The international business of Federated Hermes
Asset Management International Capital Market Association
Asset Management AFG
Asset Management BVI German Investment Funds Association
Asset Management European Fund and Asset Management Association (EFAMA)
Banking Austrian Federal Economic Chamber, Division Bank and Insurance
Banking Fédération Bancaire Française
Banking European Banking Federation
Banking BNP Paribas
Investment Services Vegan Finance LLC
Issuers Valmet Oyj
Issuers MEDEF
Issuers Vattenfall
Issuers BMW Group
Issuers EPRA - European Public Real Estate Association
Issuers TOTAL SE
Issuers RWE AG
Issuers EuropeanIssuers
Issuers Holmen AB
Issuers BASF SE
Issuers IOGP - International Association of Oil & Gas Producers
Issuers Finland Chamber of Commerce
Issuers Confederation of Swedish Enterprise
Issuers econsense Forum for Sustainable Development of German Business e. V.
Issuers Air Liquide
Legal and Accountancy PwC International Ltd
Legal and Accountancy FAR the institute for the Accountancy Profession in Sweden
Exchanges and Trading Systems Federation of European Securities Exchanges
Others FuelsEurope
Others ALFI (Association of the Luxembourg Fund Industry)
Others European Federation for Transport and Environment
Others The Swedish Financial Reporting Board
Others Repsol S.A
Others Caisse des Depots Group
Others CEZ Group, energy sector
Others London Stock Exchange Group
Others WWF European Policy Office
Others ISDA
Others Green Planet Consulting Ltd.
Others Deutsches Aktieninstitut e.V.
Others French Association of Corporate Treasurers
Others Finance Watch
Others CDSB
Others European Federation of Energy Traders (EFET)
Others Confederation of Danish Industries
Others Evonik Industries AG
Others Federation of German Industry
Others Swedish Forest Industries Federation
Others Bloomberg L.P.
Others Norsk Hydro ASA
Others CFA Institute
Others Afep
Others NFU - Nordic Financial Unions
Others Morningstar
Others XBRL Europe
Others EDF
Fintech impak Finance