ESMA: Joint Consultation on Taxonomy-related sustainability disclosures

17 March 2021

The European Supervisory Authorities (ESAs) welcome comments on this consultation paper setting out the proposed Regulatory Technical Standards (hereinafter “RTS”) on content and presentation of disclosures pursuant to Article 8(4), 9(6) and 11(5) of Regulation (EU) 2019/2088 (hereinafter Sustainable Finance Disclosure Regulation “SFDR”).

The consultation package includes:

• The Consultation Paper

• The draft amending RTS on product related environmental disclosures and their relevant Annexes.

• Template for comments

The ESAs invite comments on any aspect of this paper. Comments are most helpful if they:

• indicate the specific point to which a comment relates;

• contain a clear rationale;

• provide evidence to support the views expressed/rationale proposed; and

• describe any alternative regulatory choices that the ESAs should consider.

The ESAs also invite specific comments on the questions on the draft RTS as listed in Section 4, and any input on the preliminary impact assessment in Section 5.

The consultation paper is available on the websites of the three ESAs. Comments on this consultation paper should be sent using the response form, via the ESMA website under the heading ‘Your input/Consultations’. Please send your comments in the provided response form by 12 May 2021.


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