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Need to know provides an update on the EU Taxonomy Regulation, a vital part of the EU's sustainable finance strategy that the EU has implemented as part of its broader sustainable finance strategy. The EU Taxonomy is a classification system for economic activities that meet one or more of the six EU environmental objectives outlined in the Regulation. The Non-Financial Reporting Directive NFRD mandates disclosure requirements for companies in scope, and the upcoming Corporate Sustainability Reporting Directive CSRD will extend these requirements. Non-EU entities with debt or securities traded on EU regulated markets may also fall under the Regulation's purview. If not, they will be brought into scope once the CSRD comes into effect Published on: 28 Feb, 2024 Stay informed and compliant with the EU Taxonomy to help support a sustainable future. #EUTaxonomy #SustainableFinance #DisclosureRequirements https://lnkd.in/gmRBQ_wu