European Sustainable Regulatory Policy Timetable
This article introduces the European sustainable regulatory policy timetable from 2024 to 2029.
European sustainable regulatory policies include the EU Taxonomy, the Corporate Sustainability Reporting Directive, the Corporate Sustainability Due Diligence Directive, the Sustainable Finance Disclosure Regulation, and the European Sustainability Reporting Standards.
Related Post: European Commission Released a Proposal to Simplify Multiple Sustainable Regulations
2024 European Sustainable Regulatory Policy Timetable
| Date | Issue |
| January 1, 2024 | Large companies that comply with the Non-Financial Reporting Directive (NFRD) are included in the Corporate Sustainability Reporting Directive (CSRD) |
| January 1, 2024 | European banking sector discloses green asset ratio based on EU Taxonomy |
| January 1, 2024 | Financial institutions that comply with the EU Taxonomy are required to prepare activity disclosures for the 2023 financial year |
| January 1, 2024 | Amendments to the Climate Delegated Act comes into effect |
| June 18, 2024 | European Supervisory Authorities (ESAs) issue a joint statement on the Sustainable Finance Disclosure Regulation (SFDR) |
| June 30, 2024 | Financial market participants issue Principal Adverse Impact (PAI) statements based on the Sustainable Finance Disclosure Regulation (SFDR) |
| July 25, 2024 | The Corporate Sustainability Due Diligence Directive (CSDDD) comes into effect |
| October 30, 2024 | European Supervisory Authorities (ESAs) publish the third edition of the Sustainable Finance Disclosure Regulation (SFDR) Principal Adverse Impact report |
| November 19, 2024 | European Banking Authority (EBA) publishes the results of a climate risk scenario analysis |
| November 21, 2024 | ESG Fund Naming Guidelines issued by the European Securities and Markets Authority (ESMA) are applied to new funds |
| December 21, 2024 | European Green Bond Standard comes into effect |
2025-2029 European Sustainable Regulatory Policy Timetable
| Date | Issue |
| 2025 | European Securities and Markets Authority (ESMA) develops technical standards for ESG rating regulatory policies |
| 2025 | European Securities and Markets Authority (ESMA) publishes guidance on sustainability claims for financial market participants |
| 2025 | European Securities and Markets Authority (ESMA) develops technical standards for green bond regulatory policies |
| 2025 | European Financial Reporting Advisory Group (EFRAG) develops European Sustainable Reporting Standards (ESRS) for the financial sector |
| January 1, 2025 | All large companies are included in the Corporate Sustainability Reporting Directive (CSRD) |
| Q1 2025 | European Banking Authority (EBA) publishes the official version of its ESG risk management guidelines |
| Q2 2025 | European Financial Reporting Advisory Group (EFRAG) publishes guidance on the implementation of the European Sustainability Reporting Standards (ESRS) transformation plan |
| May 21, 2025 | ESG Fund Naming Guidelines issued by the European Securities and Markets Authority (ESMA) are official applied to all funds |
| Q3 2025 | European Banking Authority incorporates ESG into retail behavior and consumer protection documents |
| January 1, 2026 | Listed SMEs are included in the Corporate Sustainability Reporting Directive (CSRD) |
| July 26, 2026 | EU member states have incorporated the Corporate Due Diligence Directive (CSDDD) into national law |
| July 26, 2027 | First batch of large enterprises (threshold 5,000 people) are included in the Corporate Sustainability Due Diligence Directive (CSDDD) |
| January 1, 2028 | Foreign companies are included in the Corporate Sustainability Reporting Directive (CSRD) |
| July 26, 2028 | Second batch of large enterprises (threshold 3,000 employees) are included in the Corporate Sustainability Due Diligence Directive (CSDDD) |
| July 26, 2029 | All companies are included in the Corporate Sustainability Due Diligence Directive (CSDDD) |
Reference:
Sustainable Finance in Europe: Regulatory State of Play
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