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๐ŸŒฟ EU Taxonomy
The Delegated ActsLesson 2 of 32 min readEnvironmental Delegated Act (EU) 2023/2486

The Environmental Delegated Act

Completing the Picture

The Environmental Delegated Act was published in November 2023 and applies from January 2024. It adds technical screening criteria for the four remaining environmental objectives:

  • Sustainable use and protection of water and marine resources
  • Transition to a circular economy
  • Pollution prevention and control
  • Protection and restoration of biodiversity and ecosystems

It also amended the Climate Delegated Act to add new activities to objectives 1 and 2.

What It Covers

The Environmental Delegated Act brings in activities that weren't addressed by the Climate Delegated Act, including:

ObjectiveExample Activities
WaterWater supply systems, nature-based water treatment, desalination, flood risk management
Circular economyRepair and refurbishment, remanufacturing, marketplace platforms for reuse, material recovery
PollutionRemediation of contaminated sites, pollution monitoring, manufacturing of emission reduction equipment
BiodiversityEcosystem restoration, conservation, sustainable agriculture, urban green infrastructure

How It Changed the Landscape

Before this act, companies could only report taxonomy eligibility and alignment against climate objectives. Many activities in sectors like waste management, water utilities, and nature-based solutions had no criteria to assess against.

With the Environmental Delegated Act:

  • Companies in water, waste, and environmental services can now demonstrate alignment
  • Manufacturing companies can show alignment through circular economy contributions (not just climate)
  • The scope of eligible activities expanded significantly

The Environmental Delegated Act is newer and less tested than the Climate Delegated Act. Companies reporting against objectives 3-6 for the first time may find less guidance, fewer precedents, and more interpretation questions. This will improve as reporting practice matures.

The Full Delegated Act Timeline

ActPublishedApplies FromCovers
Climate Delegated Act (2021/2139)Dec 2021Jan 2022Mitigation + Adaptation
Complementary CDA (2022/1214)Jul 2022Jan 2023Nuclear + Gas additions
Disclosures Delegated Act (2021/2178)Dec 2021Jan 2022Reporting templates and KPI methodology
Environmental Delegated Act (2023/2486)Nov 2023Jan 2024Water, Circular Economy, Pollution, Biodiversity
Omnibus Delegated ActJul 2025TBDSimplification amendments

Key Takeaways

  • 1The Environmental Delegated Act (November 2023) completes the taxonomy by adding criteria for water, circular economy, pollution, and biodiversity
  • 2It also amended the Climate Delegated Act to add new activities for objectives 1 and 2
  • 3Companies in water, waste, and environmental services can now demonstrate taxonomy alignment for the first time
  • 4The environmental criteria are newer and less tested - expect more interpretation guidance as reporting practice matures

Knowledge Check

1.When did the Environmental Delegated Act start applying?

2.Which sectors gained taxonomy criteria for the first time through the Environmental Delegated Act?