Following the publication by the European Commission of its draft delegated act on Article 8 of the Taxonomy Regulation, AFEP publishes its position on the indicators that companies will have to publish in the application of said article and the future delegated act.
In essence, the members of AFEP ask:
- That the disclosure obligations be simplified as much as possible by focusing on the publication of the share of turnover linked to activities aligned with the taxonomy (taxonomy eligible and aligned);
- The publication of the KPIs should be postponed until 2024
- The publication of indicators for non-aligned or non-eligible activities should not be mandatory and therefore remain in the hands of companies;
- It seems relevant to allow companies to describe when they deem it useful, their transition strategy/trajectory with, if applicable, quantified information on planned investments;