ARTICLE 8 TAXONOMY REGULATION DISCLOSURES

46) Do undertakings have to include Art. 8 Taxonomy Disclosures in the sustainability report prepared under Article 40a of the Accounting Directive? No. Undertakings reporting in accordance with Article 40a of the Accounting Directive do not have to include Article 8 Taxonomy Regulation disclosures in the sustainability report. 47) If a third-country parent undertaking subject to Article 40a of the Accounting Directive chooses to prepare and publish a consolidated sustainability statement prepared in accordance with ESRS instead of a sustainability report, is that third-country parent undertaking required to report Article 8 Taxonomy Regulation disclosures? A third-country parent undertaking subject to Article 40a of the Accounting Directive that chooses to publish a consolidated sustainability statement prepared in accordance with ESRS instead of a sustainability report is not required to report under Article 8 Taxonomy Regulation. However, in order for the Union subsidiaries of that third-country parent to be exempted from their sustainability reporting requirements under Articles 19a/29a of the Accounting Directive (where these Union subsidiaries are subject to sustainability reporting requirements under Articles 19a/29a Accounting Directive), Article 8 Taxonomy Regulation disclosures covering the activities carried out by those Union subsidiaries must be included in their own management report or in the consolidated sustainability reporting carried out by the third-country parent undertaking (100).

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Source: EUR-Lex (Cellar) · retrieved 2026-09-07