Article 8 of the Taxonomy Regulation regulates disclosure obligations that will apply in stages from January 1, 2022. The scope of application includes all (large) companies that fall under the Non-Financial Reporting Directive (Directive 2014/95/EU). These companies supplement their non-financial reports with information on how and to what extent their activities are linked to economic activities that can be classified as environmentally sustainable. Disclosure is made in the form of the proportion of revenue generated from products and services, together with the proportion of capital expenditure and (where applicable) the proportion of operating expenditure relating to assets and processes associated with environmentally sustainable economic activities.
