Article 25 review obligation: the Commission shall publish a report on the application of this Regulation. The report shall consider (a) the criteria of social safeguards + an Article 18 review; (b) the possible extension of the Taxonomy to other sustainability objectives, in particular social objectives; (c) the use of the Taxonomy by economic actors that are not subject to Article 8; (d) the effectiveness of advisory + measurement tools to access the Taxonomy by smaller market participants. The Commission published the 2024 Sustainable Finance Reporting Communication considering Taxonomy simplifications including SME-friendly version + transition-activity expansion. The Platform on Sustainable Finance Final Report on the Social Taxonomy (February 2022) has been considered but the Commission has paused expansion to a Social Taxonomy. Article 26 sets the entry into force on the twentieth day following publication in the OJEU (12 July 2020). Article 27 sets the staggered application dates with full application from 1 January 2023 for the climate objectives + 1 January 2024 for the four environmental objectives. Future evolution: as of 2026-05-28 the Commission is consulting on the EU sustainable finance simplification omnibus including Taxonomy simplifications for in-scope corporates and for SME-related due diligence.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.